Crescent Capital BDC (NASDAQ:CCAP) is gearing up to announce its quarterly earnings on Monday, 2024-11-11. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Crescent Capital BDC will report an earnings per share (EPS) of $0.57.
The announcement from Crescent Capital BDC is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Earnings History Snapshot
In the previous earnings release, the company beat EPS by $0.01, leading to a 1.17% drop in the share price the following trading session.
Here's a look at Crescent Capital BDC's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.58 | 0.58 | 0.57 | 0.56 |
| EPS Actual | 0.59 | 0.63 | 0.61 | 0.59 |
| Price Change % | -1.0% | 2.0% | 3.0% | 1.0% |
Crescent Capital BDC Share Price Analysis
Shares of Crescent Capital BDC were trading at $18.27 as of November 07. Over the last 52-week period, shares are up 10.13%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Crescent Capital BDC visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
