TCG BDC, Inc. (NASDAQ:CGBD) is set to announce second quarter earning results on Tuesday 4th August 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, CGBD to report 2Q20 income of $ 0.35 per share.
For the full year, analysts anticipate top line of $ 177.68 million, while looking forward to income of $ 1.46 per share bottom line.
Previous Quarter Performance
TCG BDC, Inc. posted income for the first quarter of $ 0.42 per share, from the revenue of $ 50.55 million. The consensus estimates are income of $ 0.40 per share from $ 51.51 million in revenue. The bottom line results beat street analysts by $ 0.02 or 5.00 percent, at the same time, top line results fell short of analysts by $ 0.96 million or 1.86 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of CGBD was $ 8.24, representing a 91.63 % increase from the 52 week low of $ 4.30 and a 45.39 % decrease over the 52 week high of $ 15.09.
The company has a market capital of $ 463.98 million and is part of the Financial Services sector and Asset Management industry.
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Recent Stock Dividend Announcement
On May 4, 2020, the board of directors authorized quarterly dividend of $ 0.37 per share to holders of record as of the close of business on June 30, 2020, with payment date of July 17, 2020 and ex-dividend date on June 29, 2020.
TCG BDC, Inc. is a non-diversified closed-end investment company. The fund operates as a business development company.