DALLAS (AP) — DALLAS (AP) — Capital Southwest Corp. (CSWC) on Monday reported fiscal first-quarter net income of $14 million.
The Dallas-based company said it had profit of 31 cents per share. Earnings, adjusted for investment costs, came to 63 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share.
The business development company posted revenue of $51.4 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $49.3 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 CSWC at https://www.zacks.com/ap/CSWC
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