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Manhattan Bridge Capital Q3 2024 Earnings Report

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$5.53 +0.06 (+1.10%)
(As of 12/20/2024 05:16 PM ET)

Manhattan Bridge Capital EPS Results

Actual EPS
$0.12
Consensus EPS
$0.12
Beat/Miss
Met Expectations
One Year Ago EPS
N/A

Manhattan Bridge Capital Revenue Results

Actual Revenue
$2.31 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Manhattan Bridge Capital Announcement Details

Quarter
Q3 2024
Time
TAS

Conference Call Resources

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Manhattan Bridge Capital Earnings Headlines

Manhattan Bridge Capital, Inc. Declares Quarterly Dividend
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
LUCA RECOMMENCES PRINCIPAL LOAN REPAYMENTS
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About Manhattan Bridge Capital

Manhattan Bridge Capital (NASDAQ:LOAN), a real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States. The company offers short-term, secured, and non-banking loans to real estate investors to fund acquisition, renovation, rehabilitation, or development of residential or commercial properties. Its loans are secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the borrowers. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. The company was founded in 1989 and is headquartered in Great Neck, New York.

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