Triangle Capital (TCAP) Misses Q2 EPS by 2c

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.

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