Main Street Capital (MAIN) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates

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Analysts on Wall Street project that Main Street Capital (MAIN) will announce quarterly earnings of $1.03 per share in its forthcoming report, representing an increase of 1% year over year. Revenues are projected to reach $128 million, increasing 6.4% from the same quarter last year.

The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.

Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.

While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.

In light of this perspective, let's dive into the average estimates of certain Main Street Capital metrics that are commonly tracked and forecasted by Wall Street analysts.

The consensus estimate for 'Investment Income- Interest, fee and dividend income- Control investments' stands at $50.87 million. The estimate suggests a change of +4.1% year over year.

Analysts' assessment points toward 'Investment Income- Interest, fee and dividend income- Non-Control/Non-Affiliate investments' reaching $60.04 million. The estimate suggests a change of +11.3% year over year.

The average prediction of analysts places 'Investment Income- Interest, fee and dividend income- Affiliate investments' at $17.32 million. The estimate indicates a year-over-year change of -0.8%.

View all Key Company Metrics for Main Street Capital here>>>

Shares of Main Street Capital have experienced a change of +6.5% in the past month compared to the -1.6% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), MAIN is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

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