Main Street Capital's Q3 Earnings Miss, Expenses Increase Y/Y

Main Street Capital Corporation’s (MAIN) third-quarter 2024 adjusted net investment income of $1 per share missed the Zacks Consensus Estimate of $1.02. The reported figure compares favorably to 99 cents per share reported in the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The results were primarily affected by an increase in expenses. Nonetheless, an improvement in the total investment income and the company’s robust portfolio activities supported the results t ...