Recap: Barings BDC Q4 Earnings

Barings BDC 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.

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.

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).

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.

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