American Capital Ltd. (ACAS) reported net earnings of $346 million, or $1.09 per share, compared to $580 million or $1.71 per share last year. Net operating income before income taxes was $68 million, or $0.21 per share. Net operating income after income taxes was $46 million, or $0.14 per share.
Net realized earnings was $38 million or $0.12 per share, compared to a loss of $58 million or $0.17 per share in the prior year.
On average, ten analysts polled by Thomson Reuters expected the company to report profit of $0.27 per share for the quarter. Analysts' estimates typically exclude special items.
Total operating revenue for the latest quarter was $122 million. Analysts expected revenue of $156.93 million for the current quarter.
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