Fifth Street Finance: Here’s What Investors Need to Know Before Earnings

Fifth Street Finance (NYSE:FSC) will report earnings after markets close on Wednesday, May 8th. Fifth Street Finance Corporation lends to and invests in small- to medium-sized companies. The Company seeks to maximize the total return of its portfolio by generating current income from its debt investments and capital appreciation from its equity investments.

Here is your Cheat Sheet to Fifth Street Finance Earnings:

Earnings Expectations: Analysts expect earnings of $0.28 per share on revenues of $54.05 million.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.28 to a profit $0.29. For the current year, the average estimate is a profit of $1.14, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Fifth Street Finance has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 32.36 34.82 91.02 74.59 134.84
Diluted EPS ($) 0.21 0.25 0.49 0.47 0.97

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 35.08 56.57 35.81 40.98 44.63
Diluted EPS ($) 0.13 0.24 0.26 0.2946 0.19

Past Performance:
Fifth Street Finance has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]