Investing.com - Investcorp Credit Management BDC reported on Monday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Investcorp Credit Management BDC announced earnings per share of $0.160 on revenue of $6.3M. Analysts polled by Investing.com anticipated EPS of $0.140 on revenue of $6.15M.
Investcorp Credit Management BDC shares are down 20% from the beginning of the year, still down 34.07% from its 52 week high of $5.73 set on December 7, 2021.
Investcorp Credit Management BDC follows other major Financial sector earnings this month
Investcorp Credit Management BDC's report follows an earnings missed by Berkshire Hathaway A on November 5, who reported EPS of $-1,832 on revenue of $76.9B, compared to forecasts EPS of $4,518.39 on revenue of $74.9B.
Bank of America had beat expectations on October 17 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7769 on revenue of $23.54B.
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