Investcorp Credit Q4 2024 GAAP EPS $0.09 Misses $0.13 Estimate
Portfolio Pulse from Benzinga Newsdesk
Investcorp Credit (NASDAQ:ICMB) reported Q4 2024 earnings of $0.09 per share, missing the analyst consensus estimate of $0.13 by 30.77%.
September 25, 2024 | 10:01 pm
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NEGATIVE IMPACT
Investcorp Credit's Q4 2024 earnings per share of $0.09 fell short of the expected $0.13, missing by 30.77%. This earnings miss could negatively impact investor sentiment and the stock price in the short term.
The earnings per share (EPS) miss of 30.77% is significant and likely to affect investor sentiment negatively. Such a miss can lead to a decrease in stock price as it indicates the company did not meet market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100