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Saratoga Investment: Fiscal Q2 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — Saratoga Investment Corp. (SAR) on Tuesday reported a loss of $6.7 million in its fiscal second quarter.

The New York-based company said it had a loss of 41 cents per share. Earnings, adjusted for investment costs, were 46 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share.

The business development company posted revenue of $31.2 million in the period, also missing Street forecasts. Three analysts surveyed by Zacks expected $31.5 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SAR at https://www.zacks.com/ap/SAR

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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