Stellus Capital: Q1 Earnings Snapshot
HOUSTON (AP) — HOUSTON (AP) — Stellus Capital Investment Corp. (SCM) on Tuesday reported first-quarter earnings of $4.7 million.
The Houston-based company said it had profit of 24 cents per share. Earnings, adjusted for one-time gains and costs, were 45 cents per share.
The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 45 cents per share.
The investment company posted revenue of $24.1 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $23.6 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SCM at https://www.zacks.com/ap/SCM
