Carlyle Secured Lending ($CGBD) Q3 2024 Earnings Sneak peek

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The third quarter financial results of Carlyle Secured Lending (NASDAQ: CGBD) will be revealed on Tuesday 5th November 2024. This eagerly awaited announcement is slated to occur after market close, enabling investors and market participants to gain valuable insights into the company's financial performance.

Financial analysts on Wall Street are anticipating that the business will announce an estimated $0.48 profit per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $57.54 million for this period.

During the same quarter of the previous year, the company's earnings report indicated a per-share income of $0.52. Moreover, the company generated a total revenue of $60.5 million during that specific quarter.

Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $235.27 million. Furthermore, they are predicting profit of $1.98 per share for the full year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.51 -1.9% 58.26 M -3.0%
Q1 2024 $0.52 +4.0% 62.01 M +6.2%
Q4 2023 $0.56 +16.7% 62.69 M +11.9%
Q3 2023 $0.52 +18.2% 60.50 M +2.3%
Q2 2023 $0.52 +30.0% 60.07 M +34.8%
*Growth on year-over-year basis

 

CGBD has scheduled a conference call on 6th November 2024 at 11:00 AM eastern time to discuss the third quarter financial results and other related information.

During Friday's trading, Carlyle Secured Lending (CGBD) shares reached a low of $16.62 and a high of $17.27, along with a total volume of 248.40 thousand shares. The stock ended the regular trading session at $16.71, showing drop of 1.71 percent.