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Author Topic: Business News: American Capital Profit Falls But Beats Estimates  (Read 408 times)

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Business News: American Capital Profit Falls But Beats Estimates
« on: February 18, 2013, 01:25:22 PM »
American Capital Profit Falls But Beats Estimates

Private equity firm American Capital's (ACAS) fourth-quarter profit fell, but beat out analysts forecasts. American Capital reported adjusted earnings per share of 26 cents, down 61% from the 67 cents it posted a year ago. But that was a penny more than the consensus of analysts surveyed by Thomson Reuters. Operating revenue climbed almost 13% to $180 million, topping views for $147.77 million. In a statement, CEO Malon Wilkus said the firm

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John 3:16-18 ESV
For God so loved the world, that he gave his only Son (Jesus Christ), that whoever believes in him should not perish but have eternal life. For God did not send his Son into the world to condemn the world, but in order that the world might be saved through him. Whoever believes in him is not condemned, but whoever does not believe is condemned already, because he has not believed in the name of the only Son of God.

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