Recap: SLR Inv Q4 Earnings
Portfolio Pulse from Benzinga Insights
SLR Investment Corp. (NASDAQ:SLRC) reported Q4 earnings with an EPS of $0.44, beating estimates by 2.0% and showing a revenue increase of $5.63 million year-over-year. Despite a miss in EPS in the previous quarter, the share price increased by 1.0% the following day. The company has shown consistent revenue growth over the past four quarters.
February 27, 2024 | 9:10 pm
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POSITIVE IMPACT
SLR Investment Corp. reported a positive Q4 earnings surprise with an EPS of $0.44, surpassing estimates by 2.0%, and a significant year-over-year revenue increase.
SLRC's positive earnings report, beating estimates and showing revenue growth, is likely to instill investor confidence and potentially lead to a short-term increase in stock price, similar to the 1.0% increase observed after the last quarter's earnings announcement.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100