WhiteHorse: 3Q Earnings Snapshot
MIAMI (AP) _ WhiteHorse Finance Inc. (WHF) on Tuesday reported third-quarter profit of $19.5 million.
The Miami-based company said it had net income of 95 cents per share. Earnings, adjusted for non-recurring gains, came to 35 cents per share.
The results matched Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 35 cents per share.
The lender to small companies posted revenue of $15.3 million in the period.
WhiteHorse shares have fallen almost 6 percent since the beginning of the year. The stock has decreased 12 percent in the last 12 months.