Fidus Funding (FDUS) got here out with quarterly earnings of $0.30 per share, lacking the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.31 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of -16.67%. 1 / 4 in the past, it was anticipated that this closed-end funding firm would publish earnings of $0.37 per share when it truly produced earnings of $0.34, delivering a shock of -8.11%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates two occasions.
Fidus Funding, which belongs to the Zacks Monetary – SBIC & Industrial Trade trade, posted revenues of $19.20 million for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 1.47%. This compares to year-ago revenues of $17.87 million. The corporate has topped consensus income estimates two occasions during the last 4 quarters.
The sustainability of the inventory’s instant value…