Recap: Barings BDC Q1 Earnings

Barings BDC (NYSE:BBDC) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:15 PM. Here’s what…

Barings BDC (NYSE:BBDC) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:15 PM.

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

Earnings

Barings BDC missed estimated earnings by 13.79%, reporting an EPS of $0.25 versus an estimate of $0.29.

Revenue was up $23.45 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 0.23% drop in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.27 0.25 0.24 0.23
EPS Actual 0.34 0.26 0.29 0.23
Revenue Estimate 62.70M 59.01M 51.20M 39.77M
Revenue Actual 63.47M 56.31M 55.59M 43.76M

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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