Fifth Street Finance Corp. (NASDAQ:FSC) is scheduled to be announcing its earnings results before the market opens on Wednesday, August 9th. Analysts expect the company to announce earnings of $0.13 per share for the quarter.

Fifth Street Finance Corp. (NASDAQ:FSC) last issued its quarterly earnings results on Wednesday, May 10th. The credit services provider reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.15 by $0.02. Fifth Street Finance Corp. had a negative net margin of 33.60% and a positive return on equity of 8.83%. The firm had revenue of $45.56 million for the quarter, compared to analysts’ expectations of $50.76 million. On average, analysts expect Fifth Street Finance Corp. to post $0.55 EPS for the current fiscal year and $0.52 EPS for the next fiscal year.

Fifth Street Finance Corp. (NASDAQ FSC) opened at 5.31 on Tuesday. Fifth Street Finance Corp. has a one year low of $3.90 and a one year high of $6.32. The firm’s 50-day moving average is $4.73 and its 200 day moving average is $4.63.

A number of brokerages have recently commented on FSC. BidaskClub cut shares of Fifth Street Finance Corp. from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Zacks Investment Research cut shares of Fifth Street Finance Corp. from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. JMP Securities raised shares of Fifth Street Finance Corp. from a “market perform” rating to an “outperform” rating and set a $6.50 price objective on the stock in a research note on Monday, July 17th. Deutsche Bank AG raised shares of Fifth Street Finance Corp. from a “hold” rating to a “buy” rating and raised their price objective for the stock from $4.75 to $6.00 in a research note on Tuesday, July 18th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $4.75 price objective on shares of Fifth Street Finance Corp. in a research note on Friday, June 30th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $5.68.

ILLEGAL ACTIVITY WARNING: This piece of content was originally reported by Daily Political and is the property of of Daily Political. If you are viewing this piece of content on another website, it was stolen and republished in violation of international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.dailypolitical.com/2017/08/08/fifth-street-finance-corp-nasdaqfsc-scheduled-to-post-quarterly-earnings-on-wednesday.html.

About Fifth Street Finance Corp.

Fifth Street Finance Corp. is a specialty finance company. The Company is a closed-end, non-diversified management investment company. The Company acts as a business development company (BDC). The Company’s investment objective is to maximize its portfolio’s total return by generating current income from its debt investments, and capital appreciation from its equity investments.

Earnings History for Fifth Street Finance Corp. (NASDAQ:FSC)

Receive News & Ratings for Fifth Street Finance Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fifth Street Finance Corp. and related companies with MarketBeat.com's FREE daily email newsletter.