The earnings call presented a mixed picture for Carlyle Secured Lending, Inc. Highlights included strong origination, dividend sustainability, and improved nonaccruals. However, there were challenges with a slight decrease in net asset value, unrealized losses, and pressure on spreads. The overall sentiment leans towards neutral given the balance of positive and negative aspects.
Company Guidance
During Carlyle Secured Lending, Inc.'s third quarter 2025 earnings call, several key metrics and guidance were disclosed. The company reported a net investment income of $0.37 per share on a GAAP basis and $0.38 per share after adjustments. A fourth-quarter dividend of $0.40 per share was declared. The net asset value decreased slightly to $16.36 per share from $16.43 per share in the previous quarter. Total investments grew from $2.3 billion to $2.4 billion, with $260 million funded into new and existing borrowers, resulting in a net investment activity of $117 million after repayments. The firm anticipates increased deal activity supported by declining base rates and a robust economic outlook. Credit quality remains stable, with nonaccruals decreasing by 140 basis points at cost from June 30 to September 30. The company is optimistic about future performance, emphasizing a disciplined approach to underwriting and diversification within its portfolio, which comprised 221 investments across 158 companies and more than 25 industries as of September 30.
Strong Origination and Deployment
CGBD benefited from strong originations, funding $260 million in investments and achieving net investment activity of $117 million. Total investments increased from $2.3 billion to $2.4 billion.
Dividend and Spillover Income
The Board declared a fourth quarter dividend of $0.40 per share, with an attractive yield of over 12%. CGBD has $0.86 per share of spillover income.
Decrease in Nonaccruals
Nonaccruals decreased by 140 basis points at cost between June 30 and September 30, showcasing strong credit quality.
Carlyle Secured Lending Inc (CGBD) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CGBD Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 04, 2025
$12.47
$12.13
-2.73%
Aug 05, 2025
$13.32
$13.18
-1.05%
May 06, 2025
$13.40
$12.84
-4.18%
Feb 25, 2025
$16.06
$16.37
+1.93%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Carlyle Secured Lending Inc (CGBD) report earnings?
Carlyle Secured Lending Inc (CGBD) is schdueled to report earning on Mar 03, 2026, After Close (Confirmed).
What is Carlyle Secured Lending Inc (CGBD) earnings time?
Carlyle Secured Lending Inc (CGBD) earnings time is at Mar 03, 2026, After Close (Confirmed).
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