TCG BDC, Inc. (CGBD) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.42 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -5.26%. A quarter ago, it was expected that this company would post earnings of $0.38 per share when it actually produced earnings of $0.38, delivering no surprise.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
TCG BDC, Inc.Which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $33.87 million for the quarter ended March 2021, missing the Zacks Consensus Estimate by 6.17%. This compares to year-ago revenues of $38.37 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.