Carlyle Secured Lending, Inc. (CGBD) Q3 Earnings Beat Estimates

Financial Performance - Carlyle Secured Lending, Inc. (CGBD) reported quarterly earnings of $0.49 per share, exceeding the Zacks Consensus Estimate of $0.48 per share, but down from $0.52 per share a year ago, representing an earnings surprise of 2.08% [1] - The company posted revenues of $39.08 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 2.10%, and down from $42.28 million year-over-year [2] - Over the last four quarters, the company has surpassed consensus EPS estimates four times and topped consensus revenue estimates two times [2] Stock Performance - Carlyle Secured Lending shares have increased approximately 10.2% since the beginning of the year, while the S&P 500 has gained 19.8% [3] - The current consensus EPS estimate for the upcoming quarter is $0.48 on revenues of $40.94 million, and for the current fiscal year, it is $1.96 on revenues of $166.65 million [7] Industry Outlook - The Financial - SBIC & Commercial Industry, to which Carlyle Secured Lending belongs, is currently ranked in the bottom 21% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of Carlyle Secured Lending's stock may be influenced by the overall outlook for the industry [8]