Golub Capital BDC (GBDC) Tops Q2 EPS by 6c
Golub Capital BDC (NASDAQ: GBDC) reported Q2 EPS of $0.38, $0.06 better than the analyst estimate of $0.32.
Second Fiscal Quarter 2017 Highlights
- Net increase in net assets resulting from operations for the quarter ended March 31, 2017 was $20.7 million, or $0.38 per share, as compared to $19.0 million, or $0.34 per share, for the quarter ended December 31, 2016;
- Net investment income for the quarter ended March 31, 2017 was $16.5 million, or $0.30 per share, as compared to $16.9 million, or $0.31 per share, for the quarter ended December 31, 2016;
- Net investment income for the quarter ended March 31, 2017 excluding a $0.9 million accrual for the capital gain incentive fee under GAAP was $17.4 million, or $0.32 per share, as compared to $17.4 million, or $0.32 per share, when excluding a $0.5 million accrual for the capital gain incentive fee under GAAP for the quarter ended December 31, 2016;
- Net gain on investments and secured borrowings for the quarter ended March 31, 2017 was $4.2 million, or $0.08 per share, as compared to a net gain of $2.0 million, or $0.03 per share, for the quarter ended December 31, 2016; and
- Our board of directors declared on May 4, 2017 a quarterly distribution of $0.32 per share payable on June 29, 2017 to stockholders of record as of June 6, 2017.
For earnings history and earnings-related data on Golub Capital BDC (GBDC) click here.
