DALLAS (AP) — DALLAS (AP) — Sixth Street Specialty Lending, Inc. (TSLX) on Wednesday reported first-quarter profit of $47.5 million.

On a per-share basis, the Dallas-based company said it had net income of 53 cents. Earnings, adjusted for one-time gains and costs, came to 58 cents per share.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 60 cents per share.

The business development company posted revenue of $117.8 million in the period, which also missed Street forecasts. Five analysts surveyed by Zacks expected $118.4 million.

_____

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

For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News