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Recap: Barings BDC Q4 Earnings

Author: Benzinga Insights | February 22, 2024 05:25pm

Barings BDC (NYSE:BBDC) reported its Q4 earnings results on Thursday, February 22, 2024 at 04:15 PM.

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

Earnings

Barings BDC beat estimated earnings by 3.33%, reporting an EPS of $0.31 versus an estimate of $0.3.

Revenue was up $12.38 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 4.79% drop in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.32 0.29 0.29 0.27
EPS Actual 0.31 0.31 0.25 0.34
Revenue Estimate 73.58M 70.64M 67.45M 62.70M
Revenue Actual 70.85M 75.30M 67.20M 63.47M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Barings BDC management provided guidance for Q4 2023, expecting earnings between $0.3 and $0.32 per share.

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.

Posted In: BBDC

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