Main Street Capital (MAIN) Reports Q3 Earnings: What Key Metrics Have to Say

Main Street Capital (MAIN) reported $136.82 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 11%. EPS of $1.00 for the same period compares to $0.99 a year ago.The reported revenue represents a surprise of -0.54% over the Zacks Consensus Estimate of $137.57 million. With the consensus EPS estimate being $1.02, the EPS surprise was -1.96%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Main Street Capital performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Investment Income- Interest, fee and dividend income- Control investments: $50.13 million compared to the $52.10 million average estimate based on two analysts. The reported number represents a change of +3.1% year over year. Investment Income- Interest, fee and dividend income- Non-Control/Non-Affiliate investments: $65.81 million versus the two-analyst average estimate of $60.19 million. The reported number represents a year-over-year change of +10.9%. Investment Income- Interest, fee and dividend income- Affiliate investments: $20.88 million versus the two-analyst average estimate of $24.53 million. The reported number represents a year-over-year change of +36.8%. View all Key Company Metrics for Main Street Capital here>>>Shares of Main Street Capital have returned +1.8% over the past month versus the Zacks S&P 500 composite's +3.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.Free Today: Profiting from The Future’s Brightest Energy SourceThe demand for electricity is growing exponentially. At the same time, we’re working to reduce our dependence on fossil fuels like oil and natural gas. Nuclear energy is an ideal replacement.Leaders from the US and 21 other countries recently committed to TRIPLING the world’s nuclear energy capacities. This aggressive transition could mean tremendous profits for nuclear-related stocks – and investors who get in on the action early enough.Our urgent report, Atomic Opportunity: Nuclear Energy's Comeback, explores the key players and technologies driving this opportunity, including 3 standout stocks poised to benefit the most.Download Atomic Opportunity: Nuclear Energy's Comeback free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Main Street Capital Corporation (MAIN): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks