TriplePoint Venture Growth Q4 EPS Falls 3.8%, Revenue Misses by 4.6%
TriplePoint Venture Growth reported Q4 adjusted EPS of $0.25 versus $0.26 consensus and revenues of $22.54 million versus $23.63 million estimates, marking four straight quarterly misses. Shares have declined 18.7% year-to-date as the Financial SBIC & Commercial industry ranks in the bottom 31%.
1. Q4 Earnings and Revenue Miss
TriplePoint Venture Growth posted adjusted EPS of $0.25 for the December quarter, falling short of the $0.26 consensus and down from $0.32 a year earlier, and reported revenues of $22.54 million versus $23.63 million estimates, marking surprises of -3.85% and -4.59%.
2. Recent Performance Trends
This marks the fourth consecutive quarter that the company has missed consensus EPS and revenue estimates, and its shares have declined 18.7% year-to-date compared with a 0.4% drop in the S&P 500.
3. Future Outlook and Industry Position
Current consensus forecasts call for $0.25 EPS on $23.01 million in revenue for the coming quarter and $0.98 EPS on $94.13 million for the full year, while the Financial SBIC & Commercial industry ranks in the bottom 31% of peers.