Eagle Point Credit reports Q2 EPS 28c consensus 33c

Reports net asset value or NAV per common share of $8.75 as of June 30 compared to $9.16 as of March 31.”Cash flow from our portfolio remained robust during the quarter, with recurring cash flows from our portfolio increasing both on an absolute and per share basis quarter over quarter,” said Thomas P. Majewski, Chairman and Chief Executive Officer. “The Company was active in the quarter and deployed $134.8 million of net capital into investments with compelling risk-adjusted returns. We also enhanced the value of certain of our current holdings by completing four reset and two refinancing actions.”