Crescent Capital BDC Inc reports results for the quarter ended in June - Earnings Summary

Crescent Capital Bdc

10/08/2023 01:37

* Crescent Capital BDC Inc  CCAP.OQ  reported quarterly
adjusted
earnings of 56 cents​​ per share for the quarter ended in June.
The mean expectation of five analysts for the quarter was
for earnings of 55 cents per share.
    * Revenue rose 74.6% to $46.74 million from a year ago;
analysts
expected $45.94 million. 
    * Crescent Capital BDC Inc's reported EPS for the quarter
was 56
cents​.
    * The mean earnings estimate of analysts had risen by
about 6.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Crescent Capital BDC Inc shares had risen by 9.8% this
quarter and gained 30.0% so far this year.
    * The company reported quarterly net income of $20.57
million.
    * Wall Street's median 12-month price target for Crescent
Capital
BDC Inc is $18.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 12:37 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.55           0.56           Beat
 Mar. 31 2023      0.48           0.54           Beat
 Dec. 31 2022      0.44           0.49           Beat
 Sep. 30 2022      0.44           0.42           Missed