HOUSTON (AP) — HOUSTON (AP) — Main Street Capital Corp. (MAIN) on Thursday reported first-quarter net income of $107.1 million.
On a per-share basis, the Houston-based company said it had net income of $1.26. Earnings, adjusted for investment gains, were $1.05 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.03 per share.
The investment firm posted revenue of $131.6 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $128 million.
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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
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