Monroe Cap Q3 2023 Adj EPS $0.25 Misses $0.27 Estimate, Sales $15.64M Miss $16.14M Estimate
Portfolio Pulse from saritha@benzinga.com
Monroe Cap (NASDAQ:MRCC) reported Q3 2023 earnings of $0.25 per share, missing the analyst consensus estimate of $0.27 by 7.41%. This is a 24.24% decrease from the same period last year. The company also reported quarterly sales of $15.64 million, missing the analyst consensus estimate of $16.14 million by 3.08%. This is a 1.72% decrease from the same period last year.
November 08, 2023 | 9:34 pm
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NEGATIVE IMPACT
Monroe Cap's Q3 2023 earnings and sales missed estimates, with a significant YoY decrease. This could negatively impact investor sentiment.
Monroe Cap's earnings and sales for Q3 2023 missed analyst estimates and showed a significant decrease from the same period last year. This underperformance could lead to a negative sentiment among investors, potentially driving the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100