Investcorp Credit Management BDC Inc reports results for the quarter ended September 30 - Earnings Summary

Investcorp Credit Management Bdc

13/11/2024 14:19

* Investcorp Credit Management BDC Inc  ICMB.OQ  reported
quarterly adjusted earnings of 16 cents​​ per share for the
quarter ended September 30, higher than the same quarter last
year, when the company reported EPS of 11 cents.  The lone
analyst forecast for the quarter was for earnings of 10 cents
per share. 
    * Revenue rose 16.1% to $6.85 million from a year ago;
analysts
expected $5.16 million. 
    * Investcorp Credit Management BDC Inc's reported EPS for
the
quarter was 46 cents​.
    * The company reported quarterly net income of $6.61
million.
    * Investcorp Credit Management BDC Inc shares had fallen
by 4.8%
this quarter and lost 14.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 23.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the closed end
funds
peer group is also "hold"

This summary was machine generated from LSEG data November 13 at
02:19 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.10           0.16           Beat
 Jun. 30 2024      0.13           0.09           Missed
 Mar. 31 2024                     0.14           
 Dec. 31 2023      0.14           0.14           Met