NEW YORK (AP) — NEW YORK (AP) — SLR Investment Corp. (SLRC) on Tuesday reported third-quarter earnings of $23.3 million.
On a per-share basis, the New York-based company said it had net income of 43 cents. Earnings, adjusted for investment gains, came to 40 cents per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share.
The business development company posted revenue of $57 million in the period, exceeding Street forecasts. Four analysts surveyed by Zacks expected $55.7 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 SLRC at https://www.zacks.com/ap/SLRC
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