Bain Capital Specialty Finance, Inc. (NYSE:BCSF) is reporting third quarter earnings results on Thursday 5th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.34 per share.
For the full year, analysts predict revenues of $ 196.72 million, while looking forward to income of $ 1.49 per share.
Previous Quarter Performance
Bain Capital Specialty Finance, Inc. outlined income for the second quarter of $ 0.37 per share, from the revenue of $ 47.87 million. Street analysts expected Bain Capital Specialty Finance, Inc. to report income of $ 0.36 per share on revenue of $ 50.38 million for the second quarter. The bottom line results beat street analysts by $ 0.01 or 2.78 percent, at the same time, top line results fell short of analysts by $ 2.51 million or 4.98 percent.
Stock Performance
Shares of Bain Capital Specialty Finance, Inc. traded up $ 0.15 or 1.56 percent on Wednesday, reaching $ 9.75 with volume of 129.90 thousand shares. Bain Capital Specialty Finance, Inc. has traded high as $ 9.92 and has cracked $ 9.57 on the downward trend
The closing price of $ 9.75, representing a 37.54 % increase from the 52 week low of $ 6.98 and a 51.93 % decrease over the 52 week high of $ 19.97.
The company has a market capital of $ 629.48 million and is part of the Financial Services sector and Asset Management industry.
Recent Stock Dividend Announcement
On August 5, 2020, the board of directors authorized quarterly dividend of $ 0.34 per share to holders of record as of the close of business on September 30, 2020, with payment date of October 30, 2020 and ex-dividend date on September 29, 2020.
Bain Capital Specialty Finance, Inc. operates as a business development company (BDC) specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt.
