Business development company Main Street Capital (NYSE: MAIN) will be reporting results this Thursday afternoon. Here’s what to expect.
Main Street Capital beat analysts’ revenue expectations by 4.8% last quarter, reporting revenues of $144 million, up 8.9% year on year. It was a strong quarter for the company, with a solid beat of analysts’ revenue estimates and EPS in line with analysts’ estimates.
Is Main Street Capital a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Main Street Capital’s revenue to grow 2.3% year on year to $140 million, slowing from the 11% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.98 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Main Street Capital has missed Wall Street’s revenue estimates five times over the last two years.
Looking at Main Street Capital’s peers in the specialty finance segment, some have already reported their Q3 results, giving us a hint as to what we can expect. PROG’s revenues decreased 1.8% year on year, beating analysts’ expectations by 1.5%, and Capital Southwest reported revenues up 16.9%, topping estimates by 2.2%. PROG traded down 5% following the results while Capital Southwest was also down 2.4%.
Read our full analysis of PROG’s results here and Capital Southwest’s results here.
The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the specialty finance stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 3.2% on average over the last month. Main Street Capital is down 8.6% during the same time and is heading into earnings with an average analyst price target of $61.33 (compared to the current share price of $57.10).
The biggest winners—Microsoft, Alphabet, Coca-Cola, Monster Beverage—were all riding powerful megatrends before Wall Street caught on. We’ve just identified an under-the-radar profitable growth stock positioned at the center of the AI boom. Get it FREE here before the crowd discovers it. GO HERE NOW.
StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
