Barings BDC Q3 EPS $0.31 Misses $0.32 Estimate, Sales $70.85M Miss $73.58M Estimate
Portfolio Pulse from Benzinga Newsdesk
Barings BDC (NYSE:BBDC) reported Q3 earnings of $0.31 per share, missing the analyst consensus estimate of $0.32 by 3.13%. The company also reported quarterly sales of $70.85 million, missing the analyst consensus estimate of $73.58 million by 3.72%. However, both earnings and sales have increased compared to the same period last year.
November 09, 2023 | 9:33 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Barings BDC's Q3 earnings and sales missed analyst estimates, which could negatively impact the stock in the short term. However, the YoY growth in both earnings and sales might mitigate this impact.
Missing analyst estimates for both earnings and sales is generally seen as a negative signal by the market, which could lead to a short-term decrease in the stock price. However, the YoY growth in both earnings and sales might be seen as a positive signal, potentially mitigating the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100