Monroe Cap Q2 Adj EPS $0.28, Inline, Sales $16.35M Miss $16.72M Estimate
Portfolio Pulse from vinayak@benzinga.com
Monroe Cap (NASDAQ:MRCC) reported Q2 earnings of $0.28 per share, in line with analyst consensus. This is a 12% increase YoY. However, the company's quarterly sales of $16.35M missed the analyst consensus estimate of $16.72M by 2.23%. Sales increased by 25.79% YoY.
August 09, 2023 | 8:26 pm
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Monroe Cap's Q2 earnings met expectations, but sales missed estimates. Earnings and sales increased YoY by 12% and 25.79% respectively.
Monroe Cap's earnings met analyst expectations, which is positive. However, the company missed sales estimates, which is negative. The YoY growth in both earnings and sales is a positive sign, but the missed sales estimate may cause some investor concern.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100