AP NEWS

Main Street Capital: 2Q Earnings Snapshot

August 3, 2018

HOUSTON (AP) _ Main Street Capital Corp. (MAIN) on Thursday reported second-quarter net income of $55.5 million.

The Houston-based company said it had net income of 93 cents per share. Earnings, adjusted for investment gains, were 66 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share.

The investment firm posted revenue of $59.9 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $56.9 million.

Main Street Capital shares have risen slightly since the beginning of the year.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MAIN at https://www.zacks.com/ap/MAIN

AP RADIO
Update hourly