Capitala Finance Corp. (NASDAQ:CPTA) is set to announce third quarter earning results on Tuesday 3rd November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, CPTA to report 3Q20 income of $ 0.10 per share.
For the full year, analysts anticipate top line of $ 26.50 million, while looking forward to income of $ 0.26 per share bottom line.
Previous Quarter Performance
Capitala Finance Corp. unwinded income for the second quarter of $ 0.19 per share, from the revenue of $ 7.00 million. The quarterly earnings shrunk 24.00 percent while revenues contracted 42.43 percent compared with the same quarter last year. The top line results outshined analysts by $ 0.08 million or 1.16 percent.
Stock Performance
Shares of Capitala Finance Corp. traded low $ -0.04 or -0.46 percent on Monday, reaching $ 8.65 with volume of 13.90 thousand shares. Capitala Finance Corp. has traded high as $ 8.69 and has cracked $ 8.60 on the downward trend
The closing price of $ 8.65, representing a 3.45 % increase from the 52 week low of $ 8.40 and a 84.26 % decrease over the 52 week high of $ 55.20.
The company has a market capital of $ 23.45 million and is part of the Financial Services sector and Asset Management industry.
Capitala Finance Corp. is a Business Development Company specializing in traditional mezzanine, senior subordinated and unitranche debt, first-lien and second-lien loans, equity investments in sponsored and non-sponsored lower and traditional middle market companies. The fund targets companies in the business services, commercial and professional services, manufacturing, consumer and retail, energy, and health-care industries.
