Crescent Capital BDC, Inc. Reports Retreat In Q1 Profit, Misses Estimates

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.

by RTTNews Staff Writer

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