THL Credit (TCRD) to Release Quarterly Earnings on Monday
THL Credit (NASDAQ:TCRD) is scheduled to be issuing its Q114 quarterly earnings data on Monday, May 12th. Analysts expect the company to announce earnings of $0.33 per share and revenue of $21.26 million for the quarter.
THL Credit (NASDAQ:TCRD) last announced its earnings results on Wednesday, March 5th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by $0.07. The company had revenue of $18.50 million for the quarter, compared to the consensus estimate of $20.34 million. During the same quarter in the previous year, the company posted $0.34 earnings per share. The company’s revenue for the quarter was up 12.8% on a year-over-year basis. On average, analysts expect THL Credit to post $1.38 EPS for the current fiscal year and $1.43 EPS for the next fiscal year.
THL Credit (NASDAQ:TCRD) opened at 13.02 on Friday. THL Credit has a 52 week low of $13.01 and a 52 week high of $17.00. The stock’s 50-day moving average is $13.70 and its 200-day moving average is $15.4.
On a related note, analysts at TheStreet downgraded shares of THL Credit from a “buy” rating to a “hold” rating in a research note on Friday, March 21st.
THL Credit, Inc is a non-diversified, closed-end management investment company. It operates as a business development company.
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