Sixth Street Specialty Q1 2024 Adj EPS $0.58 Misses $0.59 Estimate, Sales $117.783M Miss $117.850M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sixth Street Specialty (NYSE:TSLX) reported Q1 2024 earnings of $0.58 per share, missing the consensus estimate of $0.59. Sales were $117.783M, slightly below the estimate of $117.850M. Despite the misses, earnings and sales increased from the previous year.

May 01, 2024 | 9:41 pm
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Sixth Street Specialty's Q1 2024 earnings and sales slightly missed estimates but showed year-over-year growth.
Although TSLX missed the consensus estimates for both earnings per share and sales, the misses were marginal. The company demonstrated significant year-over-year growth in both earnings and sales, which could mitigate the negative impact of the earnings miss on the stock price in the short term. Investors might view the growth as a positive sign, offsetting the slight misses.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100