Beneficient (BENF) Expected to Post Earnings on Monday

Beneficient (NASDAQ:BENF – Get Free Report) will likely be announcing its results before the market opens on Monday, October 5th. Analysts expect the company to announce earnings of ($0.97) per share and revenue of $13.0980 million for the quarter.

Beneficient (NASDAQ:BENF – Get Free Report) last posted its quarterly earnings results on Friday, August 14th. The company reported ($0.47) EPS for the quarter, topping analysts’ consensus estimates of ($2.06) by $1.59. The business had revenue of $15.93 million for the quarter, compared to analyst estimates of $10.16 million. On average, analysts expect Beneficient to post $-10 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Beneficient Stock Down 5.3%

NASDAQ:BENF opened at $1.43 on Friday. The stock’s 50-day simple moving average is $2.05 and its 200 day simple moving average is $2.98. The firm has a market capitalization of $20.76 million, a PE ratio of -0.20 and a beta of -0.01. Beneficient has a twelve month low of $0.50 and a twelve month high of $12.48.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Beneficient in a report on Monday, September 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Read Our Latest Research Report on BENF

About Beneficient

(Get Free Report)

Beneficient is a financial services company that provides liquidity solutions for holders of alternative assets. Its platform is designed to help investors access cash from otherwise illiquid investments, including interests in private equity, private credit, venture capital, real estate and other privately held assets.

The company offers trust-based liquidity and wealth-management solutions intended to simplify the process of monetizing alternative investments. Beneficient also provides related administrative, custody and fiduciary services through its technology-enabled platform, serving individual investors, trusts and other eligible asset holders.

Beneficient is headquartered in Dallas, Texas.

Further Reading

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