Eagle Point Credit's stock rose 9.3% after Q2 earnings, despite a shortfall in net investment income per share. The closed-end fund's net asset value increased during the quarter.
Eagle Point Credit Company (ECC) reported its Q2 2025 earnings, revealing an EPS of $0.23, which fell short of the forecasted $0.25 by 8%. Despite this miss, the company’s stock rose by 9.3%, closing at $6.39 in pre-market trading [1].
The increase in stock price reflects investor optimism driven by strategic partnerships and strong asset growth, as evidenced by a 1.1% rise in NAV per share. With analyst price targets ranging from $7.25 to $20, the stock shows potential upside from current levels. Key Takeaways Net investment income was $0.16 per share, with realized losses impacting overall earnings. The company’s NAV increased to $7.31 per share, up from $7.23 in Q1 [1].
The stock price increase reflects investor confidence in the company’s strategic direction and asset growth. The stock remains closer to its 52-week low, suggesting potential for further recovery. Outlook & Guidance The company maintains a positive outlook, expecting continued enhancement through reset and refinancing activities. The management’s unaudited NAV estimate for July 31 is between $7.44 and $7.54 per share, indicating anticipated asset value growth [1].
References:
[1] https://ca.investing.com/news/transcripts/earnings-call-transcript-eagle-point-credit-q2-2025-sees-stock-rise-despite-eps-miss-93CH-4152729
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