Main Street Capital Q2 2024 Dist Net Income $1.07 Beats $1.02 Estimate, Total Inv Income $132.154M Beat $131.093M Estimate
Portfolio Pulse from Benzinga Newsdesk
Main Street Capital reported Q2 2024 distributable net income of $1.07 per share, beating the estimate of $1.02. Total investment income was $132.154 million, surpassing the estimate of $131.093 million.
August 08, 2024 | 8:48 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Main Street Capital's Q2 2024 earnings report shows distributable net income of $1.07 per share, beating the estimate of $1.02. Total investment income also surpassed expectations at $132.154 million.
The company's earnings and total investment income both exceeded analyst expectations, which is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100