Crescent Capital BDC, Inc. (CCAP) revealed earnings for first quarter that decreased from the same period last year and missed the Street estimates.
The company's earnings came in at $16.6 million, or $0.45 per share. This compares with $23.4 million, or $0.63 per share, last year.
Analysts on average had expected the company to earn $0.52 per share. Analysts' estimates typically exclude special items.
Crescent Capital BDC, Inc. earnings at a glance (GAAP) :
-Earnings: $16.6 Mln. vs. $23.4 Mln. last year.
-EPS: $0.45 vs. $0.63 last year.
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