Private credit firm Golub Capital's Q4 adjusted net income misses estimates

Golub Capital BDC

18/11/2025 21:22

Overview

Golub Capital BDC fiscal Q4 adjusted net income missed analyst expectations

Earnings per share for fiscal Q4 at $0.36

Net asset value per share decreased to $14.97 from $15.00 at June end

Outlook

Company did not provide specific future guidance

Result Drivers

STABLE INCOME - Net investment income per share remained stable at $0.38, with adjusted net investment income at $0.39, excluding amortization of purchase premiums

PORTFOLIO UNDERPERFORMANCE - Net realized and unrealized losses were driven by underperformance in certain portfolio companies and restructuring activities

SHARE REPURCHASES - Company repurchased shares in response to market volatility, impacting financial metrics

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$0.36
Q4 Adjusted Net Income
Miss
$96.30 mln
$103.90 mln (5 Analysts)
Q4 Net Asset Value Per Share
$14.97


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the investment management & fund operators peer group is "hold."

Wall Street's median 12-month price target for Golub Capital BDC Inc is $15.50, about 12.2% above its November 17 closing price of $13.61

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBw9T3zJca

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)