Capital Southwest reports preliminary Q1 net investment income above consensus, signaling stronger-than-expected performance for the quarter.
Capital Southwest announced preliminary fiscal Q1 net investment income of $0.58-$0.59 per share, surpassing the Visible Alpha consensus estimate of $0.54. The company’s pretax net investment income is estimated at $0.57-$0.58 for the quarter ended June 30.
Analysts had anticipated lower earnings, with the prior consensus reflecting a more conservative outlook. The results suggest improved portfolio performance or higher yields during the period.
No immediate market reaction was disclosed in the preliminary release.