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Burford Capital Swings to Q1 Net Loss, Revenue Drops
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Burford Capital Swings to Q1 Net Loss, Revenue Drops
May 13, 2024 5:09 AM

07:53 AM EDT, 05/13/2024 (MT Newswires) -- Burford Capital ( BUR ) reported a Q1 net loss Monday of $0.14 per diluted share, swinging from net income of $1.17 per share a year earlier.

Two analysts polled by Capital IQ expected earnings of $0.45 per share.

Revenue for the quarter ended March 31 was $44.3 million, down from $380.9 million a year earlier.

The analysts surveyed by Capital IQ expected $192.4 million.

Price: 15.07, Change: -0.37, Percent Change: -2.40

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