Carlyle Secured Lending Q2 2024 GAAP EPS $0.51 Misses $0.52 Estimate, Sales $58.264M Miss $60.085M Estimate
Portfolio Pulse from Benzinga Newsdesk
Carlyle Secured Lending (NASDAQ:CGBD) reported Q2 2024 GAAP EPS of $0.51, missing the $0.52 estimate. Sales were $58.264M, below the $60.085M estimate and down 3% from last year.
August 05, 2024 | 10:13 am
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NEGATIVE IMPACT
Carlyle Secured Lending reported Q2 2024 GAAP EPS of $0.51, missing the $0.52 estimate. Sales were $58.264M, below the $60.085M estimate and down 3% from last year.
Carlyle Secured Lending's earnings and sales both missed analyst estimates, which is likely to negatively impact the stock price in the short term. The decrease in sales compared to the same period last year further adds to the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100