Fidus Investment Q1 2024 Adj EPS $0.59 Misses $0.60 Estimate, Sales $34.651M Miss $34.861M Estimate
Portfolio Pulse from Benzinga Newsdesk
Fidus Investment (NASDAQ:FDUS) reported Q1 2024 adjusted EPS of $0.59, missing the $0.60 estimate, and sales of $34.651M, below the $34.861M estimate. This represents a 1.67% decrease in EPS and a 19.26% increase in sales year-over-year.
May 02, 2024 | 9:31 pm
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Fidus Investment reported a slight miss in Q1 2024 earnings and sales, with adjusted EPS at $0.59 and sales at $34.651M, missing estimates.
Missing both EPS and sales estimates, even by narrow margins, can lead to negative investor sentiment in the short term. However, the significant year-over-year sales growth may mitigate some negative impact.
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