Main Street Announces 2019 Fourth Quarter And Annual Results

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Main Street Capital (MAIN) Tops Q4 EPS by 6c

February 27, 2020 4:57 PM EST

Main Street Capital (NYSE: MAIN) reported Q4 EPS of $0.66, $0.06 better than the analyst estimate of $0.60. Revenue for the quarter came in at $60.65 million versus the consensus estimate of $59.45 million.

Fourth Quarter 2019 Highlights

Net investment income of $39.2 million (or $0.62 per share)Distributable net investment income(1) of $42.1 million (or $0.66 per share)Total investment income of $60.6 millionIndustry leading ratio of total non-interest operating expenses as a percentage of quarterly average total assets (\"Operating Expenses to Assets Ratio\") of 1.2% on an annualized basisDeclared regular monthly dividends totaling... More