Manhattan Bridge Capital, based in Great Neck, New York, provides short-term, secured loans to real estate investors in the New York metropolitan area for property acquisition and renovation. The company manages a portfolio of first mortgage loans with a maximum term of one year.
Manhattan Bridge Capital (LOAN) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Manhattan Bridge Capital's actual EPS was $0.11, beating the estimate of $0.12 per share, resulting in a 11.27% surprise.
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