Sixth St: Q3 Earnings Snapshot

DALLAS (AP) — DALLAS (AP) — Sixth Street Specialty Lending, Inc. (TSLX) on Tuesday reported third-quarter net income of $34.4 million.

On a per-share basis, the Dallas-based company said it had profit of 36 cents. Earnings, adjusted for investment costs, came to 44 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share.

The business development company posted revenue of $99 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $97.7 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TSLX at https://www.zacks.com/ap/TSLX