TipRanks

Notifications

MRCC Earnings this Week: How Will it Perform?

Monroe Capital (MRCC) is scheduled to report 2nd quarter earnings on 08/09/2023, after the market closes.

Regarding Q2 estimates, Wall Street analysts expect Monroe Capital to post earnings of $0.28 per share. Revenue expectations are pegged at $15.85 million. Last quarter, Monroe Capital beat earnings estimates, reporting EPS of $0.32 on estimates of $0.26. The stock rose by 2.07% the day after the last earnings release.

Year-to-date, MRCC stock has risen by 7.61%.

About Monroe Capital

Monroe Capital Corp. is an externally managed, closed-end, non-diversified management investment company, which engages in the provision of financial solutions. It offers customized financing solutions focused primarily on senior, unitranche and junior secured debt and, to a lesser extent, unsecured subordinated debt and equity, including equity co-investments in preferred and common stock and warrants. The company was founded on February 9, 2011 and is headquartered in Chicago, IL.

Stay up-to-date on earnings this week, with TipRanks’ Earnings Calendar.

Tags: ,