Capital Southwest: Fiscal Q1 Earnings Snapshot
DALLAS (AP) — DALLAS (AP) — Capital Southwest Corp. (CSWC) on Monday reported fiscal first-quarter earnings of $23.8 million.
On a per-share basis, the Dallas-based company said it had profit of 63 cents. Earnings, adjusted for investment costs, were 65 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.
The business development company posted revenue of $40.4 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $38.9 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CSWC at https://www.zacks.com/ap/CSWC