TCG BDC (NASDAQ:CGBD) is set to give its latest quarterly earnings report on Tuesday, 2022-02-22. Here's what investors need to know before the announcement.

Analysts estimate that TCG BDC will report an earnings per share (EPS) of $0.39.

TCG BDC bulls will hope to hear the company to 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).

Historical Earnings Performance

Last quarter the company beat EPS by $0.02, which was followed by a 1.07% increase in the share price the next day.

Here's a look at TCG BDC's past performance and the resulting price change:

Stock Performance

Shares of TCG BDC were trading at $13.77 as of February 17. Over the last 52-week period, shares are up 14.97%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

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