SLR Inv Q4 2023 GAAP EPS $0.44 Beats $0.43 Estimate, Sales $59.79M Beat $59.51M Estimate
Portfolio Pulse from Benzinga Newsdesk
SLR Investment Corp. (SLRC) reported Q4 2023 earnings of $0.44 per share, surpassing the consensus estimate of $0.43. Quarterly sales reached $59.79M, exceeding estimates of $59.51M and marking a 10.41% increase from the previous year.
February 27, 2024 | 9:06 pm
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POSITIVE IMPACT
SLR Investment Corp. (SLRC) exceeded Q4 2023 earnings and sales estimates, with a notable year-over-year sales increase.
Beating both earnings and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The reported year-over-year sales growth further strengthens the case for a positive outlook on SLRC's stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100