WhiteHorse Finance, Inc. (NASDAQ:WHF) is reporting third quarter earnings results on Monday 9th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.29 per share from $ 13.78 million in revenue.
For the full year, analysts predict revenues of $ 54.07 million, while looking forward to income of $ 1.13 per share.
Previous Quarter Performance
WhiteHorse Finance, Inc. came out with income for the second quarter of $ 0.26 per share, from the revenue of $ 13.82 million. The quarterly earnings decreased 27.78 percent while revenues contracted 13.52 percent compared with the same quarter last year.
According to street consensus, WHF was expected to report 2Q20 income of $ 0.28 per share from revenue of $ 14.35 million. The bottom line results missed street analysts by $ 0.02 or 7.14 percent, at the same time, top line results fell short of analysts by $ 0.53 million or 3.69 percent.
Stock Performance
On Friday, shares of WhiteHorse Finance, Inc. has traded high as $ 10.59 and has cracked $ 10.28 on the downward trend, reaching $ 10.42 with volume of 64.80 thousand shares.
According to the previous trading day, closing price of $ 10.42, representing a 91.47 % increase from the 52 week low of $ 5.51 and a 26.99 % decrease over the 52 week high of $ 14.45.
The company has a market capital of $ 214.09 million and is part of the Financial Services sector and Asset Management industry.
Recent Stock Dividend Announcement
On August 10, 2020, the board of directors authorized quarterly dividend of $ 0.355 per share to holders of record as of the close of business on September 21, 2020, with payment date of October 2, 2020 and ex-dividend date on September 18, 2020.
Conference Call
WhiteHorse Finance, Inc. will be hosting a conference call at 2:00 PM eastern time on 9th November 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 whitehorsefinance.com
WhiteHorse Finance, LLC is a business development company.
