Investcorp Credit Management BDC Inc reports results for the quarter ended September 30 - Earnings Summary

• Investcorp Credit Management BDC Inc ICMB.OQ reported quarterly adjusted earnings of 16 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 11 cents. The lone analyst forecast for the quarter was for earnings of 10 cents per share.

• Revenue rose 16.1% to $6.85 million from a year ago; analysts expected $5.16 million.

• Investcorp Credit Management BDC Inc's reported EPS for the quarter was 46 cents​.

• The company reported quarterly net income of $6.61 million.

• Investcorp Credit Management BDC Inc shares had fallen by 4.8% this quarter and lost 14.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 23.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the closed end funds peer group is also "hold"

This summary was machine generated from LSEG data November 13 at 02:19 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)