Main Street Reports Preliminary Estimate Of Q3 Net Investment Income Of $0.99 - $1.01 Per Share And Distributable Net Investment Income Of $1.05 - $1.07 Per Share
Portfolio Pulse from Benzinga Newsdesk
Main Street Capital Corporation has reported preliminary estimates for Q3 2024, indicating net investment income of $0.99 to $1.01 per share and distributable net investment income of $1.05 to $1.07 per share. The company also estimates a quarterly annualized return on equity of 18% to 20%.
October 15, 2024 | 11:14 am
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Main Street Capital Corporation's preliminary Q3 2024 estimates show strong financial performance with net investment income between $0.99 and $1.01 per share and distributable net investment income between $1.05 and $1.07 per share. The company also projects a high return on equity of 18% to 20%.
The preliminary estimates indicate strong financial performance for Main Street Capital, with both net investment income and return on equity showing positive figures. This suggests a likely positive impact on the stock price in the short term as investors react to the strong earnings report.
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