Stellus Cap Investment Q2 Adj EPS $0.51 Beats $0.47 Estimate, Sales $26.59M Beat $25.50M Estimate
Portfolio Pulse from vinayak@benzinga.com
Stellus Cap Investment (NYSE:SCM) reported Q2 earnings of $0.51 per share, beating the analyst consensus estimate of $0.47 by 8.51%. This is a 75.86% increase from the same period last year. The company also reported quarterly sales of $26.59 million, beating the analyst consensus estimate of $25.50 million by 4.25%, a 65.03% increase from the same period last year.
August 09, 2023 | 9:03 pm
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POSITIVE IMPACT
Stellus Cap Investment's Q2 earnings and sales exceeded estimates, indicating a strong financial performance. This could potentially lead to a positive impact on its stock price.
Stellus Cap Investment reported better than expected Q2 earnings and sales, which is a positive signal for investors. This could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100