Alert: New Earnings Report (11/8/23)-Suro Capital Corp (NASDAQ: SSSS).


Suro Capital Corp (NASDAQ: SSSS) has reported earnings for its third fiscal quarter (ending September 30) of $0.99 versus a loss $-1.54 for the same period a year ago. This result exceeded the consensus estimate of $-0.14 by $1.13. For the latest four quarters through September 30, E.P.S. were $0.09 versus $-4.24 for the same period a year ago.


Recent Price Action

On 11/8/23, Suro Capital Corp (NASDAQ: SSSS) stock suffered a large decline of -2.8%, closing at $3.82. The stock has been strong relative to the market over the last nine months but has declined -8.0% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, SSSS is expected to be Value Creation neutral.

Suro Capital has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Suro Capital has a neutral Appreciation Score of 44 but a good Power Rating of 80, producing the Positive Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.