Barings BDC (NYSE:BBDC – Get Free Report) is scheduled to announce its earnings results after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.30 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.
Barings BDC (NYSE:BBDC – Get Free Report) last posted its quarterly earnings data on Friday, February 23rd. The company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.01. The firm had revenue of $75.85 million during the quarter, compared to analysts’ expectations of $71.25 million. Barings BDC had a net margin of 44.26% and a return on equity of 10.63%. During the same quarter last year, the company posted $0.34 EPS. On average, analysts expect Barings BDC to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Barings BDC Price Performance
BBDC stock opened at $9.47 on Monday. The company has a market capitalization of $1.00 billion, a PE ratio of 7.96 and a beta of 0.63. Barings BDC has a 12-month low of $6.96 and a 12-month high of $9.89. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.60. The business’s fifty day moving average price is $9.35 and its 200 day moving average price is $9.06.
Barings BDC Dividend Announcement
Wall Street Analysts Forecast Growth
Separately, Wells Fargo & Company raised their price objective on shares of Barings BDC from $8.50 to $8.75 and gave the company an “equal weight” rating in a research report on Monday, January 29th.
Check Out Our Latest Research Report on BBDC
About Barings BDC
Barings BDC, Inc is a publicly traded, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. It seeks to invest primarily in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments and senior secured private debt investments in private middle-market companies that operate across a wide range of industries.
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