Investing.com - Barings BDC (NYSE:BBDC) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Barings BDC announced earnings per share of $0.26 on revenue of $56.3M. Analysts polled by Investing.com anticipated EPS of $0.25 on revenue of $53.47M.
Barings BDC shares are down 28.35% from the beginning of the year, still down 21.21% from its 52 week high of $11.55 set on November 11, 2021.
Barings BDC shares gained 1.10% in after-hours trade following the report.
Barings BDC follows other major Financial sector earnings this month
Barings BDC's report follows an earnings missed by Berkshire Hathaway A on Saturday, who reported EPS of $-1,832 on revenue of $76.9B, compared to forecasts EPS of $4,518.39 on revenue of $74.9B.
JPMorgan had beat expectations on October 14 with third quarter EPS of $3.12 on revenue of $32.72B, compared to forecast for EPS of $2.92 on revenue of $32.13B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar