SLR Investment reports Q3 EPS 43c, consensus 41c

Reports Q3 NAV per share $18.21. “While private credit conditions have recently garnered significant headlines, we are pleased with SLRC‘s performance in the third quarter, supporting our trend of stability in both NAV per share and NII per share. Our decision to be more discerning in cash flow loans over the last couple of years has positioned the Company to withstand various economic conditions as well as declines in interest rates,” said Michael Gross, Co-CEO of SLR Investment (SLRC) Corp. “The Company’s non-accrual rate, PIK from restructured loans, and watchlist percent of fair value all remain low on an absolute and a relative-to-our-peer-group basis. We believe our portfolio allocation to specialty finance offers investors truly differentiated private credit exposure.”