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Main Street Capital: 3Q Earnings Snapshot

HOUSTON (AP) _ Main Street Capital Corp. (MAIN) on Thursday reported third-quarter net income of $33.9 million.

The Houston-based company said it had profit of 54 cents per share. Earnings, adjusted for investment costs, were 62 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.

The investment firm posted revenue of $60.1 million in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $61.4 million.

Main Street Capital shares have increased 28% since the beginning of the year.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MAIN at https://www.zacks.com/ap/MAIN