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Golub Capital BDC: Fiscal 4Q Earnings Snapshot

November 28, 2018

NEW YORK (AP) _ Golub Capital BDC Inc. (GBDC) on Wednesday reported fiscal fourth-quarter net income of $15.9 million.

On a per-share basis, the New York-based company said it had net income of 26 cents. Earnings, adjusted for investment costs, were 32 cents per share.

The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 32 cents per share.

The business development company posted revenue of $40.4 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $38 million.

For the year, the company reported profit of $82 million, or $1.37 per share. Revenue was reported as $152.2 million.

Golub Capital BDC shares have climbed 4 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $18.96, declining slightly in the last 12 months.

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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 GBDC at https://www.zacks.com/ap/GBDC

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