Market Overview

Earnings Outlook For Investcorp Credit

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On Monday, September 14, Investcorp Credit (NASDAQ: ICMB) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

Earnings and Revenue

Investcorp Credit earnings will be near $0.2 per share on sales of $7.71 million, according to analysts. In the same quarter last year, Investcorp Credit reported earnings per share of $0.22 on sales of $8.12 million. If the company were to match the consensus estimate when it reports Monday, earnings per share would be down 9.09%. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2019 Q4 2019
EPS Estimate 0.26 0.26 0.24 0.25
EPS Actual 0.25 0.27 0.26 0.22
Revenue Estimate 8.42 M 8.31 M 8.48 M 8.87 M
Revenue Actual 8.83 M 9.43 M 8.56 M 8.12 M

Stock Performance

Over the last 52-week period, shares are down 50.74%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Investcorp Credit is scheduled to hold the call at 13:00:00 ET and can be accessed here: http://icmbdc.com/earnings-calls

 

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Posted-In: Earnings