As of 2017-06-30, for the year ended 2017, Solar Capital Ltd. (NASDAQ:SLRC) has a EPS target of $0.45. Median EPS forecast is at $0.45. The target is based on 4 brokerages calls. Also, 2 research reports were studies to get these forecasts.
EPS is an important element to compute P/E ratio. It is a valuation metric applied by investment analysts globally. The ratio assesses the same investment or varied investments over distinct periods, and in fact it is easy to estimate.
The ratio compares two equities to identify their market valuation, with a lower P/E coming as an indication of earnings can decline in near future. Dividing the equity market price of stock by EPS helps investors to know P/E ratio. For instance, a stock’s market price is $150 and earnings $10 per share. The ratio is (150/10=15).
The P/E ratio can be known on accrued or past earnings, anticipated earnings, or combined. Often, earnings are adjusted to accommodate the impact of extraordinary events, which happens rarely. When considering this ratio, these discounted earnings should be noted.
For Solar Capital Ltd. (NASDAQ:SLRC), the highest EPS target is $0.47 and lowest estimate is $0.44. This shows standard deviation of 0.015%. The deviation between $0.45 and quarterly EPS posted last fiscal is 9.3%.
As per last update, $0.47 is the best EPS forecast, $0.44 is low EPS estimate. Its mean EPS target is $0.45.
The sales and profits LTG range commences from $3 and ends at $5. The mean LTG is $4.
As of 20160717 experts, for the fiscal closed 2017 Solar Capital Ltd. (NASDAQ:SLRC) can report EPS of $0.45. Last month, it was $0.45 and in last week $0.45 was price estimate. Compared to last week, the estimates change was 9.3%.
The EPS forecast was $0.45 a couple of months earlier while it was $0.45 3-months earlier.
Earnings Announcements
Solar Capital Ltd.’s expects EPS to come at $0.45 for the quarter ended 2016-06-30. The EPS was $0.38 during the period closed 2015-06-30. Solar Capital Ltd. will release quarterly report on 2016-08-02 and annual report on 2017-02-22.
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