Monroe Capital Q3 Earnings Miss Estimates by 40%, Revenues Down 7.17%

Monroe Capital (MRCC) reported Q3 earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.15 per share. Revenues of $8.21 million missed the Zacks Consensus Estimate by 7.17%. The company's shares have lost 17.7% since the beginning of the year, underperforming the S&P 500's gain of 15.1%. The Zacks Rank for the stock is #3 (Hold), indicating the shares are expected to perform in line with the market in the near future.