Barings BDC: Q3 Earnings Insights

Barings BDC (NYSE:BBDC) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:15 PM. Here’s what…

Barings BDC (NYSE:BBDC) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:15 PM.

Here’s what investors need to know about the announcement.

Earnings

Barings BDC missed estimated earnings by 3.12%, reporting an EPS of $0.31 versus an estimate of $0.32.

Revenue was up $14.54 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 4.8% increase in the share price the next day.

Here’s a look at Barings BDC’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.29 0.29 0.27 0.25
EPS Actual 0.31 0.25 0.34 0.26
Revenue Estimate 70.64M 67.45M 62.70M 59.01M
Revenue Actual 75.30M 67.20M 63.47M 56.31M

To track all earnings releases for Barings BDC visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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