Main Street Capital: Q2 Earnings Snapshot
HOUSTON (AP) _ Main Street Capital Corp. (MAIN) on Thursday reported second-quarter profit of $14.7 million. On a per-share basis, the Houston-based company said it had net income of 20 cents. Earnings, adjusted for investment costs, came to 75 cents per share. The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 70 cents per share. The investment firm posted revenue of $85.2 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $81.3 million. _____ This story was generated by Automated Insights (http:||automatedinsights.com|ap) using data from Zacks Investment Research. Access a Zacks stock report on MAIN at https:||www.zacks.com|ap|MAIN
Main Street Capital: Q2 Earnings Snapshot
HOUSTON (AP) _ Main Street Capital Corp. (MAIN) on Thursday reported second-quarter profit of $14.7 million. On a per-share basis, the Houston-based company said it had net income of 20 cents. Earnings, adjusted for investment costs, came to 75 cents per share. The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 70 cents per share. The investment firm posted revenue of $85.2 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $81.3 million. _____ This story was generated by Automated Insights (http:||automatedinsights.com|ap) using data from Zacks Investment Research. Access a Zacks stock report on MAIN at https:||www.zacks.com|ap|MAIN