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American Capital Posts Q2 Profit - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

American Capital, Ltd. (ACAS) Tuesday reported a profit for the second quarter, compared to a loss last year.

Net realized earnings for the quarter was $12 million or $0.04 per share, compared to a loss of $177 million or $0.49 per share in the same period last year.

Net operating income was $194 million or $0.58 per share, compared to $71 million or $0.20 per share last year.

On average, nine analysts polled by Thomson Reuters expected the company to earn $0.21 per share for the quarter. Analysts' estimates typically exclude special items.
Assets under management totaled $101.08 billion, flat with last year.

NAV for the quarter was $16.62 per share, compared to $15.71 per share last year.

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