Capitala Finance Corp. (NASDAQ:CPTA) business development services provider, is reporting second quarter earnings results on Tuesday 4th August 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.01 per share.
For the full year, analysts predict revenues of $ 27.89 million, while looking forward to income of $ 0.05 per share.
Previous Quarter Performance
Capitala Finance Corp. unveiled for the first quarter of per share, from the revenue of $ 7.07 million. The quarterly revenues down 44.24 percent compared with the same quarter last year. Wall street analysts are predicting, CPTA to report 1Q20 income of $ 0.17 per share from revenue of $ 9.54 million. The bottom line results missed street analysts by $ 0.43 or 252.94 percent, at the same time, top line results fell short of analysts by $ 2.47 million or 25.89 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of CPTA was $ 2.26, representing a 11.88 % increase from the 52 week low of $ 2.02 and a 76.53 % decrease over the 52 week high of $ 9.63.
The company has a market capital of $ 36.76 million and is part of the Financial Services sector and Asset Management industry.
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Capitala Finance Corp. is a Business Development Company specializing in traditional mezzanine, senior subordinated and unitranche debt, first-lien and second-lien loans, equity investments in sponsored and non-sponsored lower and traditional middle market companies. The fund targets companies in the business services, commercial and professional services, manufacturing, consumer and retail, energy, and health-care industries.