Sound Point Meridian Capital, Inc. Common Stock Q3 EPS $0.44 Misses $0.57 Estimate, Sales $17.952M Miss $20.070M Estimate

Sound Point Meridian Capital, Inc. Common Stock (NYSE:SPMC) reported quarterly earnings of $0.44 per share which missed the analyst consensus estimate of $0.57 by 22.4 percent. This is a 48.84 percent decrease over earnings of $0.86 per share from the same period last year. The company reported quarterly sales of $17.952 million which missed the analyst consensus estimate of $20.070 million by 10.55 percent. This is a 2.83 percent increase over sales of $17.458 million the same period last year.