We provide the latest news from the world of economics and finance
(RTTNews) - Carlyle Secured Lending Inc. (CGBD) reported earnings for fourth quarter that Decreased from the same period last year and missed the Street estimates.
The company's earnings came in at $19.08 million, or $0.24 per share. This compares with $20.48 million, or $0.40 per share, last year.
Excluding items, Carlyle Secured Lending Inc. reported adjusted earnings of $19.08 million or $0.26 per share for the period.
Analysts on average had expected the company to earn $0.37 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 18.7% to $66.91 million from $56.35 million last year.
Carlyle Secured Lending Inc. earnings at a glance (GAAP) :
-Earnings: $19.08 Mln. vs. $20.48 Mln. last year. -EPS: $0.24 vs. $0.40 last year. -Revenue: $66.91 Mln vs. $56.35 Mln last year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.