Eagle Point Income Plunges 13.34% on Earnings Miss

On May 28, 2025, Eagle Point Income experienced a significant drop of 13.34% in pre-market trading, marking a notable decline in its stock performance.

Eagle Point Income recently released its first-quarter earnings report, revealing a revenue of USD 14.13 million, a substantial increase from USD 9.13 million in the same period last year. However, the company reported a net loss of USD 10.57 million, which could be a contributing factor to the recent stock price decline.

Additionally, the company is expected to report quarterly earnings at $0.45 per share on revenue of $14.25 million, which may have influenced investor sentiment and contributed to the stock's pre-market drop.