Beneficient (BENF) Set to Post Earnings on Monday

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

Beneficient (NASDAQ:BENF – Get Free Report) last released its earnings results on Friday, August 14th. The company reported ($0.47) earnings per share for the quarter, beating the consensus estimate of ($2.06) by $1.59. The company had revenue of $15.93 million during the quarter, compared to the consensus estimate 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%

Shares of BENF opened at $1.43 on Friday. Beneficient has a 12-month low of $0.50 and a 12-month high of $12.48. The firm has a market capitalization of $20.76 million, a price-to-earnings ratio of -0.20 and a beta of -0.01. The stock’s 50-day moving average price is $2.05 and its 200 day moving average price is $2.98.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Beneficient in a report on Monday, September 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

View Our Latest 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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