Fidus Investment: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Fidus Investment (NASDAQ:FDUS) reported Q4 earnings with an EPS of $0.65, beating estimates by 12.0% against an expected $0.58. Revenue increased by $8.84 million from the same period last year. The company has a history of surpassing EPS estimates, leading to a 2.0% share price increase the day after last quarter's earnings announcement.
February 29, 2024 | 9:20 pm
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Fidus Investment reported a strong Q4 with EPS of $0.65, surpassing estimates by 12% and showing significant revenue growth from the previous year.
Fidus Investment's Q4 earnings beat and consistent history of surpassing EPS estimates suggest a positive outlook for the stock. The company's ability to exceed expectations and demonstrate revenue growth is likely to instill investor confidence and potentially lead to a short-term increase in stock price, similar to the 2.0% rise observed after the last quarter's earnings announcement.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100