Stellus Capital Investment (SCM) Tops Q2 EPS by 2c

Stellus Capital Investment (NYSE: SCM) reported Q2 EPS of $0.33, $0.02 better than the analyst estimate of $0.31.

"Continued portfolio growth brings our investment portfolio to approximately $500 million. Our shareholders have approved the regulatory leverage increase which allows 2:1 leverage. Our bank credit facility has been increased from $140 million to $180 million and has been amended to allow for leverage to grow the investment portfolio to approximately $600 million. Core EPS was $0.33 per share for Q2 and realized earnings (including gains) for the quarter were $0.36 per share," said Robert T. Ladd, Chief Executive Officer of Stellus Capital.

For earnings history and earnings-related data on Stellus Capital Investment (SCM) click here.

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