Capitala Finance (CPTA) Q2 Earnings Expected to Decline

Wall Street expects a year-over-year decline in earnings on lower revenues when Capitala Finance (CPTA) reports results for the quarter ended June 2020. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The earnings report, which is expected to be released on August 4, 2020, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management’s discussion of business conditions