Fidus Investment (FDUS) to Release Earnings on Thursday

Fidus Investment (NASDAQ:FDUS - Get Free Report) is scheduled to post its quarterly earnings results after the market closes on Thursday, October 31st. Analysts expect Fidus Investment to post earnings of $0.57 per share for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.

Fidus Investment (NASDAQ:FDUS - Get Free Report) last posted its quarterly earnings data on Thursday, August 1st. The asset manager reported $0.57 earnings per share for the quarter, hitting analysts' consensus estimates of $0.57. The firm had revenue of $35.66 million during the quarter, compared to analysts' expectations of $34.88 million. Fidus Investment had a net margin of 67.43% and a return on equity of 12.29%. During the same quarter last year, the company posted $0.62 EPS. 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 Price Performance

Shares of NASDAQ:FDUS traded up $0.13 during mid-day trading on Monday, reaching $19.66. 143,248 shares of the company were exchanged, compared to its average volume of 242,576. Fidus Investment has a 1 year low of $17.72 and a 1 year high of $20.60. The firm has a market cap of $620.35 million, a price-to-earnings ratio of 6.76 and a beta of 1.39. The firm's 50-day simple moving average is $19.74 and its 200 day simple moving average is $19.74.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods raised shares of Fidus Investment to a "hold" rating in a research report 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.