Scott Kennedy’s BDC Earnings Series: Assessing Main Street’s Performance For Q2 2024
Summary
This earnings assessment article reviews MAIN’s NAV and NII performance during Q2 2024 and compares results to my expectations. Earnings remain a key driver to stock performance.
MAIN’s quarterly NAV was basically as expected. MAIN’s quarterly NAV experienced a minor increase which was mainly the result of continued accretive equity issuance.
MAIN’…