Goldman Sachs BDC (GSBD) Scheduled to Post Quarterly Earnings on Thursday

Goldman Sachs BDC (NYSE:GSBD) will be issuing its quarterly earnings data after the market closes on Thursday, August 8th. Analysts expect the company to announce earnings of $0.52 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Goldman Sachs BDC (NYSE:GSBD) last issued its earnings results on Tuesday, May 7th. The financial services provider reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.01). The firm had revenue of $111.54 million during the quarter, compared to analysts’ expectations of $115.33 million. Goldman Sachs BDC had a net margin of 45.80% and a return on equity of 15.68%. On average, analysts expect Goldman Sachs BDC to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Goldman Sachs BDC Price Performance

Shares of NYSE GSBD opened at $14.40 on Wednesday. The business’s 50 day moving average price is $15.28 and its 200 day moving average price is $15.27. The firm has a market cap of $1.62 billion, a P/E ratio of 7.50 and a beta of 1.08. Goldman Sachs BDC has a 52 week low of $13.39 and a 52 week high of $15.94. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.12.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Wells Fargo & Company downgraded Goldman Sachs BDC from an “equal weight” rating to an “underweight” rating and decreased their price target for the company from $15.00 to $14.00 in a report on Wednesday, May 29th. StockNews.com downgraded Goldman Sachs BDC from a “buy” rating to a “hold” rating in a report on Monday, May 20th.

Goldman Sachs BDC Company Profile

Goldman Sachs BDC, Inc is a business development company specializing in middle market and mezzanine investment in private companies. It seeks to make capital appreciation through direct originations of secured debt, senior secured debt, junior secured debt, including first lien, first lien/last-out unitranche and second lien debt, unsecured debt, including mezzanine debt and, to a lesser extent, investments in equities.