Stellus Capital Investment (SCM) is scheduled to report 3rd quarter earnings on 11/07/2024, after the market closes.
Regarding Q3 estimates, Wall Street analysts expect Stellus Capital Investment to post earnings of $0.46 per share. Revenue expectations are pegged at $27.84 million. Last quarter, Stellus Capital Investment beat earnings estimates, reporting EPS of $0.48 on estimates of $0.45. The stock rose by 1.03% the day after the last earnings release.
Year-to-date, SCM stock has risen by 16.41%.
Is Stellus Capital Investment Stock a Buy?
Wall Street’s consensus rating for SCM stock is a Hold, with an average analyst price target of $13.25, implying downside potential of -2.36% from current levels.
SCM shares have gained about 2.69% in the past six months.
About Stellus Capital Investment
Stellus Capital Investment Corp. is an an externally managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company. It develops company which seeks investment opportunities in middle market companies located in The US and Canada. The company was founded on May 18, 2012 and is headquartered in Houston, TX.
Stay up-to-date on earnings this week, with TipRanks’ Earnings Calendar.
