Main Street Capital: Q3 Earnings Snapshot

Associated Press Finance
08 Nov 2024

HOUSTON (AP) — HOUSTON (AP) — Main Street Capital Corp. (MAIN) on Thursday reported third-quarter earnings of $124 million.

On a per-share basis, the Houston-based company said it had profit of $1.42. Earnings, adjusted for investment gains, came to $1 per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.

The investment firm posted revenue of $136.8 million in the period, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $137.6 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MAIN at https://www.zacks.com/ap/MAIN

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10