Why has PTMN consistently missed earnings forecasts in 2024?

Portman Ridge Finance Corporation (PTMN) has not consistently missed earnings forecasts in 2024. In fact, the company's earnings for Q1 2025 have been released on May 8, 2025, and the company will host a conference call on May 9, 2025, to discuss the results. However, the stock price of PTMN has experienced a significant decrease from April 7 to April 8. It is important to note that the reasons for the decline in stock price are not necessarily related to the earnings performance. The stock price of PTMN has been affected by market sentiment and external factors, such as the investigation by Halper Sadeh LLC into the company's merger with Logan Ridge Finance Corporation.