Bain Capital Specialty Finance (NYSE:BCSF) Posts Quarterly Earnings Results, Misses Expectations By $0.20 EPS

Bain Capital Specialty Finance (NYSE:BCSF) announced its quarterly earnings data on Monday. The company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.20), FiscalAI reports. The company had revenue of $47.80 million during the quarter, compared to analyst estimates of $64.44 million. Bain Capital Specialty Finance had a net margin of 27.00% and a return on equity of 10.44%.

Bain Capital Specialty Finance Price Performance

Bain Capital Specialty Finance stock traded down $0.16 during mid-day trading on Monday, reaching $12.95. The company had a trading volume of 286,833 shares, compared to its average volume of 434,682. Bain Capital Specialty Finance has a 1 year low of $11.82 and a 1 year high of $15.84. The company has a debt-to-equity ratio of 1.33, a current ratio of 2.17 and a quick ratio of 2.17. The company has a market capitalization of $840.07 million, a P/E ratio of 11.36 and a beta of 0.58. The stock’s 50-day simple moving average is $12.66 and its 200-day simple moving average is $12.92.

Institutional Investors Weigh In On Bain Capital Specialty Finance

A number of institutional investors and hedge funds have recently modified their holdings of BCSF. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Bain Capital Specialty Finance in the 4th quarter valued at approximately $42,000. BNP Paribas Financial Markets raised its position in Bain Capital Specialty Finance by 352.1% during the third quarter. BNP Paribas Financial Markets now owns 4,069 shares of the company’s stock worth $58,000 after acquiring an additional 3,169 shares during the last quarter. Quantbot Technologies LP acquired a new position in Bain Capital Specialty Finance during the second quarter worth about $121,000. BTG Pactual Asset Management US LLC purchased a new stake in shares of Bain Capital Specialty Finance in the fourth quarter valued at about $152,000. Finally, Schonfeld Strategic Advisors LLC acquired a new stake in shares of Bain Capital Specialty Finance in the fourth quarter valued at approximately $151,000.

Bain Capital Specialty Finance Company Profile

Bain Capital Specialty Finance (NYSE: BCSF) is a closed-end interval fund organized as a specialty finance company. Since commencing operations in March 2017, the company has focused on originating and acquiring debt and equity investments in middle-market companies. It is structured to offer investors access to private credit and special situations strategies that are typically unavailable through traditional public debt markets.

The firm’s core business activities include direct lending to U.S.