We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Insights Into Main Street Capital (MAIN) Q2: Wall Street Projections for Key Metrics
Read MoreHide Full Article
Analysts on Wall Street project that Main Street Capital (MAIN - Free Report) will announce quarterly earnings of $1.01 per share in its forthcoming report, representing a decline of 4.7% year over year. Revenues are projected to reach $130.59 million, increasing 2.4% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Bearing this in mind, let's now explore the average estimates of specific Main Street Capital metrics that are commonly monitored and projected by Wall Street analysts.
Analysts predict that the 'Investment Income- Interest, fee and dividend income- Control investments' will reach $51.61 million. The estimate indicates a year-over-year change of +7.6%.
Based on the collective assessment of analysts, 'Investment Income- Interest, fee and dividend income- Non-Control/Non-Affiliate investments' should arrive at $63.86 million. The estimate suggests a change of +9% year over year.
It is projected by analysts that the 'Investment Income- Interest, fee and dividend income- Affiliate investments' will reach $17.92 million. The estimate suggests a change of -14.7% year over year.
Over the past month, shares of Main Street Capital have returned -5.6% versus the Zacks S&P 500 composite's -2.9% change. Currently, MAIN carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Insights Into Main Street Capital (MAIN) Q2: Wall Street Projections for Key Metrics
Analysts on Wall Street project that Main Street Capital (MAIN - Free Report) will announce quarterly earnings of $1.01 per share in its forthcoming report, representing a decline of 4.7% year over year. Revenues are projected to reach $130.59 million, increasing 2.4% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Bearing this in mind, let's now explore the average estimates of specific Main Street Capital metrics that are commonly monitored and projected by Wall Street analysts.
Analysts predict that the 'Investment Income- Interest, fee and dividend income- Control investments' will reach $51.61 million. The estimate indicates a year-over-year change of +7.6%.
Based on the collective assessment of analysts, 'Investment Income- Interest, fee and dividend income- Non-Control/Non-Affiliate investments' should arrive at $63.86 million. The estimate suggests a change of +9% year over year.
It is projected by analysts that the 'Investment Income- Interest, fee and dividend income- Affiliate investments' will reach $17.92 million. The estimate suggests a change of -14.7% year over year.
View all Key Company Metrics for Main Street Capital here>>>
Over the past month, shares of Main Street Capital have returned -5.6% versus the Zacks S&P 500 composite's -2.9% change. Currently, MAIN carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>