Barings BDC, Inc. (NYSE:BBDC) is expected to report third quarter earnings results, after market close, on Monday 9th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.15 per share.
Looking ahead, the full year income are expected at $ 0.59 per share on the revenues of $ 68.71 million.
Previous Quarter Performance
Barings BDC, Inc. posted income for the second quarter of $ 0.14 per share, from the revenue of $ 16.14 million. Wall street analysts are predicting, BBDC to report 2Q20 income of $ 0.15 per share from revenue of $ 17.83 million. The bottom line results missed street analysts by $ 0.01 or 6.67 percent, at the same time, top line results fell short of analysts by $ 1.69 million or 9.48 percent.
Stock Performance
On Friday, shares of Barings BDC, Inc. has traded high as $ 8.03 and has cracked $ 7.85 on the downward trend, reaching $ 7.88 with volume of 68.10 thousand shares.
According to the previous trading day, closing price of $ 7.88, representing a 70.24 % increase from the 52 week low of $ 4.67 and a 24.93 % decrease over the 52 week high of $ 10.59.
The company has a market capital of $ 377.94 million and is part of the Financial Services sector and Credit Services industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.16 per share on August 5, 2020. The dividend were payable on September 16, 2020 to holders of record as of the close of business on September 9, 2020 and ex-dividend date on September 8, 2020.
Barings BDC, Inc. (NYSE:BBDC) is a business development company specializing in private equity and mezzanine investments. It focuses on leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations in lower middle market, mature, and later stage companies.
