Main Street Capital Outpaces Markets, Forecasts Q1 EPS of $1.05
Main Street Capital shares gained 1.42% to $60.02, outpacing the S&P 500's 0.56% uptick, though the stock is down 6.26% over the past month versus a 1.23% sector decline. Q1 EPS are projected at $1.05 (up 2.94% year-over-year) on $140.81 million revenue estimates.
1. Trading Performance
Main Street Capital closed at $60.02, up 1.42% in the latest session, surpassing the S&P 500’s 0.56% gain, the Dow’s 0.26% rise and the Nasdaq’s 0.78% advance. Over the past month, shares have fallen 6.26%, while the Finance sector and S&P 500 lost 1.23% and 1.27%, respectively.
2. Q1 Earnings Projections
The firm will report Q1 results on February 26, with EPS projected at $1.05, representing a 2.94% year-over-year increase, and revenue estimated at $140.81 million, a 0.26% rise over the prior-year quarter. Full-year consensus estimates call for EPS of $4.19 and revenue of $561.66 million, up 2.44% and 3.81% year-over-year.
3. Valuation and Industry Standing
Main Street Capital trades at a forward P/E of 14.56, a premium to its industry average of 8.45. The company holds a Zacks Rank of 3 (Hold) and its industry ranks 84th out of more than 250, placing it in the top 35% for performance outlook.