Crescent Capital BDC Q2 Adj EPS $0.56 Beats $0.55 Estimate, Sales $46.74M Beat $45.93M Estimate
Portfolio Pulse from mahesh@benzinga.com
Crescent Capital BDC (NASDAQ:CCAP) reported Q2 earnings of $0.56 per share, beating the analyst consensus estimate of $0.55 by 1.82%. This is a 36.59% increase from the same period last year. The company also reported quarterly sales of $46.74 million, beating the analyst consensus estimate of $45.93 million by 1.77%. This is a 74.58% increase from the same period last year.
August 09, 2023 | 9:31 pm
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POSITIVE IMPACT
Crescent Capital BDC's Q2 earnings and sales exceeded estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price.
Crescent Capital BDC reported better than expected Q2 earnings and sales, which is a positive signal to investors. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100