A Sneak Peek At Oxford Square Capital Corp. ($OXSQ) 3Q20 Earnings

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Oxford Square Capital Corp. (NASDAQ:OXSQ) is set to announce third quarter earning results on Tuesday 27th October 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, OXSQ to report 3Q20 income of $ 0.08 per share.

For the full year, analysts anticipate top line of $ 35.00 million, while looking forward to income of $ 0.38 per share bottom line.

Previous Quarter Performance

Oxford Square Capital Corp. unwinded income for the second quarter of $ 0.09 per share, from the revenue of $ 8.26 million. The quarterly earnings contracted 66.67 percent while revenues fell 60.50 percent compared with the same quarter last year.
Street analysts expected Oxford Square Capital Corp. to report income of $ 0.11 per share on revenue of $ 9.40 million for the second quarter. The bottom line results missed street analysts by $ 0.02 or 18.18 percent, at the same time, top line results fell short of analysts by $ 1.14 million or 12.13 percent.

Stock Performance

Shares of Oxford Square Capital Corp. traded up $ 0.01 or 0.40 percent on Friday, reaching $ 2.52 with volume of 59.40 thousand shares. Oxford Square Capital Corp. has traded high as $ 2.54 and has cracked $ 2.50 on the downward trend

According to the previous trading day, closing price of $ 2.52, representing a 23.04 % increase from the 52 week low of $ 2.04 and a 59.9 % decrease over the 52 week high of $ 6.26.

The company has a market capital of $ 124.97 million and is part of the Financial Services sector and Asset Management industry.

Conference Call

Oxford Square Capital Corp. will be hosting a conference call at 9:00 AM eastern time on 27th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.ticc.com

Oxford Square Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company. It is a private equity and mezzanine firm.