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CPTA - Capitala Finance Corporation

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Marvan, Mar 23, 2019.

  1. Marvan

    Marvan Member

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    Capitala Group is a $2.7 billion asset management firm that provides capital to lower and traditional middle market businesses throughout North America with office locations in Atlanta, Charlotte, Fort Lauderdale, Los Angeles, New York, and Raleigh. Capitala’s lower middle market investment strategy focuses on investing in debt securities with minority equity co-investments with less than $250 million in enterprise value through its permanent capital vehicles, Capitala Finance Corp. (Nasdaq:CPTA) and Capitala Specialty Lending Corp. (CSLC). Capitala’s growth fund strategy targets control and minority equity investments, typically coupled with credit investments, in lower middle market companies with less than $30 million in enterprise value through both SBIC (CapitalSouth SBIC Fund IV, L.P.) and non-SBIC closed-end funds. Capitala Group has invested in over 150 companies since its inception in 1998 and seeks to partner with strong management teams to create value and achieve optimal outcomes for its investors.

    Increased my position yesterday.
     
  2. Marvan

    Marvan Member

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    Capitala Finance (CPTA) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2019. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

    The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 6. On the other hand, if they miss, the stock may move lower.

    While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

    Zacks Consensus Estimate" style="margin-bottom: 1em; color: rgb(0, 0, 0); font-family: Georgia, "Times New Roman", serif; font-size: 18px;">Zacks Consensus Estimate

    This business development company is expected to post quarterly earnings of $0.24 per share in its upcoming report, which represents a year-over-year change of -14.3%.

    Revenues are expected to be $11.59 million, down 7.8% from the year-ago quarter.

    https://uk.finance.yahoo.com/news/analysts-estimate-capitala-finance-cpta-143102745.html
     
  3. Marvan

    Marvan Member

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    Capitala Finance (CPTA) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.

    This quarterly report represents an earnings surprise of 8.33%. A quarter ago, it was expected that this business development company would post earnings of $0.24 per share when it actually produced earnings of $0.22, delivering a surprise of -8.33%.

    Over the last four quarters, the company has surpassed consensus EPS estimates just once.

    Capitala Finance, which belongs to the Zacks Financial - SBIC & Commercial Industry industry, posted revenues of $12.68 million for the quarter ended March 2019, surpassing the Zacks Consensus Estimate by 9.48%. This compares to year-ago revenues of $12.57 million. The company has topped consensus revenue estimates just once over the last four quarters.

    https://uk.finance.yahoo.com/news/capitala-finance-cpta-beats-q1-002512344.html
     
  4. Marvan

    Marvan Member

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    Capitala Group (“Capitala” or the “Company”) announced today that it recently invested a combination of senior secured debt and equity to support L2 Capital Partners in its acquisition of Jurassic Quest Holdings, LLC (“Jurassic Quest”), a family event business that produces the leading interactive dinosaur events in North America.

    Based outside Houston, Texas, Jurassic Quest® is the largest and most realistic dinosaur-themed exhibition in the United States that educates and thrills over 1 million attendees each year.
    In 2018, Jurassic Quest operated two touring companies that covered approximately 90 events in 34 states with over 80 life-like dinosaurs in each exhibition that span the Cretaceous, Triassic and Jurassic eras.
    Jurassic Quest was founded in 2013 by Dan and Leticia Arnold and has approximately 100 full-time employees - of which 80% are traveling with one of the two tours.

    Jack McGlinn, Senior Managing Director for Capitala Group, stated “We are pleased to make this investment in support of L2 Capital Partners and the energetic team at Jurassic Quest. The Arnolds have created such an entrepreneurial, entertaining business and we look forward to helping them bring dynamic tours and exhibits to an even larger audience.”

    https://www.capitalagroup.com/news/...ces-investment-in-jurassic-quest-holdings-llc
     

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