American Capital Senior Floating, Ltd. Profit Drops 43% In Q1

(RTTNews) - American Capital Senior Floating, Ltd. (ACSF) announced earnings for first quarter that decreased compared to the same period last year.

The company said its profit came in at $2.17 million, or $0.22 per share. This was down from $3.79 million, or $0.38 per share, in last year's first quarter.

Analysts had expected the company to earn $0.30 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 8.2% to $4.35 million. This was down from $4.74 million last year.

American Capital Senior Floating, Ltd. earnings at a glance:

-Earnings (Q1): $2.17 Mln. vs. $3.79 Mln. last year. -Earnings Decline (Y-o-Y): -42.7% -EPS (Q1): $0.22 vs. $0.38 last year. -EPS Decline (Y-o-Y): -42.1% -Analysts Estimate: $0.30 -Revenue (Q1): $4.35 Mln vs. $4.74 Mln last year. -Revenue Change (Y-o-Y): -8.2%