Triangle Capital (TCAP) Misses Q2 EPS by 2c
Get Alerts TCAP Hot Sheet
Join SI Premium – FREE
Triangle Capital (NYSE: TCAP) reported Q2 EPS of $0.49, $0.02 worse than the analyst estimate of $0.51.
In commenting on the Company’s second quarter investment activity and near- to medium-term outlook, E. Ashton Poole, President and CEO, stated, “Second quarter investment activity was highlighted by three new platform investments as well as a marked improvement in our investment pipeline. After a seasonally slow start of the year we have recently experienced a significant increase in the quantity and quality of our investment pipeline. This increased activity was the primary impetus for our recent equity offering, the proceeds of which will provide the foundation for Triangle’s investment activity over the next two to three quarters.”
For earnings history and earnings-related data on Triangle Capital (TCAP) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BayCom Corp (BCML) Misses Q1 EPS by 4c
- United Bancshares, Inc. (UBOH) Reports Q1 EPS of $0.61
- Southern First Bancshares, Inc. (SFST) Misses Q1 EPS by 8c
Create E-mail Alert Related Categories
Earnings, Management CommentsRelated Entities
Trian Fund, Earnings, Equity OfferingsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!