Fidus Investment (FDUS) Scheduled to Post Quarterly Earnings on Thursday

Fidus Investment (NASDAQ:FDUS) will release its earnings data after the market closes on Thursday, October 31st. Analysts expect the company to announce earnings of $0.57 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Fidus Investment (NASDAQ:FDUS) last posted its quarterly earnings data on Thursday, August 1st. The asset manager reported $0.57 EPS for the quarter, hitting the consensus estimate of $0.57. Fidus Investment had a net margin of 67.43% and a return on equity of 12.29%. The business had revenue of $35.66 million for the quarter, compared to analyst estimates of $34.88 million. During the same quarter in the previous year, the firm posted $0.62 earnings per share. On average, analysts expect Fidus Investment to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Fidus Investment Stock Performance

Shares of NASDAQ FDUS opened at $19.66 on Tuesday. The company has a 50 day simple moving average of $19.74 and a two-hundred day simple moving average of $19.74. Fidus Investment has a fifty-two week low of $17.72 and a fifty-two week high of $20.60. The company has a market capitalization of $620.35 million, a price-to-earnings ratio of 6.76 and a beta of 1.39.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods upgraded Fidus Investment to a “hold” rating in a research note on Monday, August 5th.

About Fidus Investment

Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans.