Recap: Investcorp Credit Q1 Earnings

Investcorp Credit (NASDAQ:ICMB) reported its Q1 earnings results on Monday, November 13, 2023 at 04:30 PM. Here’s what…

Investcorp Credit (NASDAQ:ICMB) reported its Q1 earnings results on Monday, November 13, 2023 at 04:30 PM.

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

Earnings

Investcorp Credit missed estimated earnings by 21.43%, reporting an EPS of $0.11 versus an estimate of $0.14.

Revenue was down $401 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 6.02% drop in the share price the next day.

Here’s a look at Investcorp Credit’s past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 0.17 0.16 0.16 0.16
EPS Actual 0.15 0.18 0.16 0.16
Revenue Estimate 7.20M 6.62M 6.45M 5.98M
Revenue Actual 6.60M 7.01M 6.78M 6.30M

To track all earnings releases for Investcorp Credit visit their earnings calendar here.

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

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