Great Elm Group (NASDAQ:GEG) Issues Earnings Results, Misses Estimates By $0.26 EPS

Great Elm Group (NASDAQ:GEG) released its quarterly earnings data on Monday. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.26), Zacks reports. The company had revenue of $3.99 million for the quarter. Great Elm Group had a negative return on equity of 1.76% and a negative net margin of 6.90%.

Great Elm Group Trading Down 1.7 %

GEG traded down $0.03 during trading on Wednesday, reaching $1.78. 21,788 shares of the company’s stock were exchanged, compared to its average volume of 22,105. Great Elm Group has a one year low of $1.70 and a one year high of $2.12. The company has a current ratio of 15.26, a quick ratio of 15.26 and a debt-to-equity ratio of 0.87. The firm has a fifty day moving average price of $1.85 and a two-hundred day moving average price of $1.82.

Great Elm Group Company Profile

Great Elm Group, Inc operates as a asset management company. The company engages in credit, real estate, and finance businesses. It is also involved in business development related activities and offers investment management services. The company was formerly known as Great Elm Capital Group, Inc and changed its name to Great Elm Group, Inc in December 2020.