Capital Southwest Q3 EPS $0.70 Beats $0.66 Estimate, Sales $48.57M Beat $45.13M Estimate
Portfolio Pulse from mahesh@benzinga.com
Capital Southwest (NASDAQ:CSWC) reported Q3 earnings of $0.70 per share, surpassing the consensus estimate of $0.66, marking a 12.9% increase from the previous year. Sales reached $48.57M, exceeding estimates of $45.13M and showing a 48.22% increase year-over-year.
January 29, 2024 | 9:10 pm
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POSITIVE IMPACT
Capital Southwest reported strong Q3 results with earnings and sales surpassing analyst estimates, indicating robust financial performance and potential investor confidence.
The positive earnings and sales beat are likely to instill investor confidence and could lead to a short-term uptick in CSWC's stock price. The significant year-over-year growth further strengthens the case for a positive market reaction.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100