Main Street Capital: Q2 Earnings Snapshot

HOUSTON (AP) — HOUSTON (AP) — Main Street Capital Corp. (MAIN) on Thursday reported second-quarter earnings of $102.7 million.

On a per-share basis, the Houston-based company said it had net income of $1.19. Earnings, adjusted for investment gains, came to $1.01 per share.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of $1.01 per share.

The investment firm posted revenue of $132.2 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $132.6 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

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up