Crescent Capital BDC (CCAP) Scheduled to Post Quarterly Earnings on Wednesday

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Crescent Capital BDC (NASDAQ:CCAP) is scheduled to announce its earnings results after the market closes on Wednesday, May 12th. Analysts expect the company to announce earnings of $0.48 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Crescent Capital BDC (NASDAQ:CCAP) last posted its earnings results on Thursday, February 25th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.01. The firm had revenue of $20.28 million during the quarter, compared to the consensus estimate of $19.63 million. Crescent Capital BDC had a net margin of 41.11% and a return on equity of 8.60%. On average, analysts expect Crescent Capital BDC to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

CCAP opened at $17.89 on Wednesday. The company has a market capitalization of $503.91 million and a price-to-earnings ratio of 18.26. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.79. The firm has a 50-day moving average price of $18.02 and a 200-day moving average price of $15.68. Crescent Capital BDC has a twelve month low of $10.13 and a twelve month high of $19.95.

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 15th. Stockholders of record on Wednesday, March 31st were paid a $0.41 dividend. The ex-dividend date was Tuesday, March 30th. This represents a $1.64 annualized dividend and a dividend yield of 9.17%. Crescent Capital BDC’s payout ratio is 90.11%.

Separately, Zacks Investment Research raised shares of Crescent Capital BDC from a “sell” rating to a “hold” rating in a research note on Tuesday, April 27th.

Crescent Capital BDC Company Profile

Crescent Capital BDC, Inc is a business development company. The fund focuses on originating and investing in the debt of middle market companies. It typically focuses on companies based in United States.

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Earnings History for Crescent Capital BDC (NASDAQ:CCAP)

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