American Capital (ACAS -4.9%) bulls may be getting a buying opportunity post-earnings. A $47M...

|About: American Capital (ACAS)|By:, SA News Editor

American Capital (ACAS -4.9%) bulls may be getting a buying opportunity post-earnings. A $47M sequential decline in revenue is largely the result of non-recurring factors, according to management (CC transcript). Of a $49M increase in non-accruals, CFO John Erickson reminds the company is often in a "very" junior position and weaker performance can force a loan into non-accrual status, but that doesn't mean the return disappears. (presentation slides).