Harvest Capital (HCAP) Misses Q4 EPS by 24c
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Harvest Capital (NASDAQ: HCAP) reported Q4 EPS of ($0.05), $0.24 worse than the analyst estimate of $0.19.
"We continue to make progress towards achieving our 2020 goals of leveraging our existing capital to grow to a roughly $150 million investment portfolio and returning $10.2 million of non-accrual loans to interest earning status," said Joseph Jolson, Chairman and CEO. "We currently have $14.1 million of mandates that we expect could close in the next few months. We continue to work hard on our problem assets, which have shown underlying improvements in the past few quarters. We look forward to updating everyone on our progress in early May," concluded Mr. Jolson.
For earnings history and earnings-related data on Harvest Capital (HCAP) click here.
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