Stellus Cap Investment's Earnings: A Preview

Stellus Cap Investment (NYSE:SCM) is set to give its latest quarterly earnings report on Monday, 2024-03-04. Here's what investors need to know before the announcement.

Analysts estimate that Stellus Cap Investment will report an earnings per share (EPS) of $0.45.

Stellus Cap Investment bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $0.02, which was followed by a 4.75% drop in the share price the next day.

Here's a look at Stellus Cap Investment's past performance and the resulting price change:

QuarterQ3 2023Q2 2023Q1 2023Q4 2022EPS EstimateEPS ActualPrice Change %
0.47 0.47 0.44 0.38 0.49 0.51 0.45 0.44 -5.0% -4.0% -2.0% -1.0%

Stock Performance

Shares of Stellus Cap Investment were trading at $12.77 as of February 29. Over the last 52-week period, shares are down 16.93%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for Stellus Cap Investment visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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