Stellus Cap Investment Q2 2024 Adj. EPS $0.50 Beats $0.45 Estimate, Sales $26.626M Miss $27.006M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stellus Capital Investment (NYSE: SCM) reported Q2 2024 adjusted EPS of $0.50, beating the analyst estimate of $0.45. However, sales of $26.626 million missed the $27.006 million estimate.
August 07, 2024 | 9:36 pm
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Stellus Capital Investment reported Q2 2024 adjusted EPS of $0.50, beating the analyst estimate of $0.45. However, sales of $26.626 million missed the $27.006 million estimate.
The positive EPS surprise is likely to have a more significant short-term impact on the stock price than the slight miss in sales. Investors often react more strongly to earnings beats.
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