B. Riley Securities Maintains Neutral on Sound Point Meridian, Lowers Price Target to $6.5
B. Riley Securities analyst Timothy D'Agostino maintains Sound Point Meridian (NYSE:SPMC) with a Neutral and lowers the price target from $10 to $6.5.
Sound Point Meridian Capital, Inc. (SPMC) Stock News
Follow the latest Sound Point Meridian Capital, Inc. (SPMC) news and market headlines alongside the live SPMC price. Stay informed on what's moving SPMC.
Sound Point Meridian Capital (SPMC)
NYSE
$6.03
$0.28(-4.48%)
Market Closed
News
- BenzingaRead Full Article
- BenzingaRead Full Article
Sound Point Meridian Capital, Inc. Common Stock Q2 2026 Earnings Call Transcript
Sound Point Meridian Capital, Inc. Common Stock (NYSE:SPMC) reported second-quarter financial results on Thursday. The transcript from the company’s second-quarter earnings call has been provided below.This transcript
- MassiveRead Full Article
Sound Point Meridian Capital, Inc. (SPMC) Lags Q2 Earnings and Revenue Estimates
Sound Point Meridian Capital (SPMC) missed Q2 2026 earnings expectations with $0.28 EPS versus consensus of $0.29, and revenues of $12.84 million versus estimates of $13.04 million. The company has failed to beat consensus estimates for four consecutive quarters. SPMC shares have declined 57.1% year-to-date compared to the S&P 500's 11.3% gain. Despite the miss, the stock maintains a Zacks Rank #2 (Buy) rating based on favorable estimate revision trends ahead of the earnings release.
- Read Full ArticleBenzinga
- Read Full ArticleBenzinga
- Read Full ArticleBenzinga
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