American Capital Ltd (ACAS) Tops Q1 EPS by 10c
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American Capital Reports Net Operating Income Before Income Taxes Of $0.28 Per Diluted Share, Net Earnings Of $0.05 Per Diluted Share, Net Asset Value Per Share Of $20.12 And Revises Corporate Spin-Of
May 6, 2015 4:02 PM EDTBETHESDA, Md., May 6, 2015 /PRNewswire/ -- American Capital, Ltd. ("American Capital" or the "Company") (NASDAQ: ACAS) announced consolidated net operating income ("NOI") before income taxes for the quarter ended March 31, 2015 of $78 million, or $0.28 per diluted share, a 6% annualized return on equity. Consolidated NOI for the quarter ended March 31, 2015 was $50 million, or $0.18 per diluted share. Consolidated net earnings for the quarter ended March 31, 2015 was $15 million, or $0.05 per diluted share. As of March 31, 2015, net asset value ("NAV") per share was $20.12, a $0.38 per share decrease from the December 31, 2014 NAV per share of $20.50.
Q1 2015 CONSOLIDATED FINANCIAL... More
