2 Stock Winners and 1 Loser After Earnings Are Digested
MCG Capital Corporation (NASDAQ:MCGC) delivered a profit and met Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share decreased 36.36% to $0.07 in the quarter versus EPS of $0.11 in the year-earlier quarter. Revenue Decreased 31.21% to $13.4 million from the year-earlier quarter.
MCG Capital Corporation reported adjusted EPS income of $0.07 per share. By that measure, the company missed the mean analyst estimate of $0.07. It beat the average revenue estimate of $12.53 million.