Monroe Cap Q4 2023 Adj EPS $0.26 Misses $0.28 Estimate, Sales $15.503M Miss $16.557M Estimate
Portfolio Pulse from Benzinga Newsdesk
Monroe Cap (NASDAQ:MRCC) reported Q4 2023 adjusted EPS of $0.26, missing the $0.28 estimate, and sales of $15.503M, below the $16.557M estimate. This represents a 2.24% increase in sales compared to the same period last year.
March 11, 2024 | 8:28 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Monroe Cap reported Q4 2023 adjusted EPS of $0.26, missing estimates by 7.14%, and sales of $15.503M, missing estimates by 6.36%, but showing a 2.24% YOY sales increase.
Missing both EPS and sales estimates typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. However, the YOY sales increase may mitigate some negative impact.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100