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Eagle Point Credit Company Inc (ECC)
NYSE:ECC
Earnings Data
Report Date
Aug 19, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.25Last Year’s EPS
0.28Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 28, 2025
|% Change Since: 0.40%
|Next Earnings Date:Aug 19, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture. On one hand, the company demonstrated strong performance in terms of net investment income, strategic portfolio rotations, and effective stock issuance. On the other hand, the call highlighted significant challenges, including a notable decline in NAV, spread compression, and a global market downturn affecting security prices. The company remains optimistic about future cash flow and investment opportunities but acknowledges current market volatility.Company Guidance
During the Eagle Point Credit Company's Q1 2025 earnings call, significant financial metrics and strategic guidance were shared. The company reported net investment income and realized capital gains of $0.33 per share, comprising $0.28 of net investment income and $0.05 of realized capital gains. This was achieved through strategic trading activities, including a shift from CLO debt to CLO equity. However, the NAV decreased by 13.7% from $8.38 at year-end 2024 to $7.23, reflecting a downturn in CLO securities prices due to market volatility. Eagle Point generated $79.9 million in recurring cash flows, exceeding its quarterly common distributions, with new CLO equity investments yielding an average effective yield of 18.9%. The company maintains a fixed-rate financing strategy, with no maturities before 2028, and issued $66 million of common stock and $22 million of 7% preferred stock, bolstering its capital position. Despite recent market challenges, Eagle Point remains focused on leveraging its advantageous CLO portfolio positioning, with plans for continued portfolio rotation and strategic reinvestments.Strong Start to 2025 with New Investments
Eagle Point Credit Company priced three new issue majority CLO equity investments, reset nine positions in their portfolio, and refinanced seven CLOs in the first quarter of 2025.
Net Investment Income and Realized Gains
The company generated net investment income and realized capital gains of $0.33 per share for the first quarter of 2025, consisting of $0.28 of net investment income and $0.05 of realized capital gains.
Effective Portfolio Rotation
Sales and paydowns of CLO debt in the portfolio totaled $48.5 million, and the new investments are expected to generate more net investment income in the coming quarters.
Strong Cash Flow Collection
The company collected $79.9 million of recurring cash flows or $0.69 per share, exceeding the quarterly aggregate common distributions.
Successful Stock Issuance
Issued $66 million of common stock at a premium to NAV, resulting in NAV accretion for shareholders of $0.02 per share.
ECC Earnings History
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
ECC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 28, 2025 | $7.52 | $7.39 | -1.73% |
Feb 20, 2025 | $8.06 | $8.27 | +2.61% |
Nov 14, 2024 | $8.36 | $8.24 | -1.44% |
Aug 06, 2024 | $8.01 | $8.11 | +1.25% |
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 Eagle Point Credit Company Inc (ECC) report earnings?
Eagle Point Credit Company Inc (ECC) is schdueled to report earning on Aug 19, 2025, TBA Not Confirmed.
What is Eagle Point Credit Company Inc (ECC) earnings time?
Eagle Point Credit Company Inc (ECC) earnings time is at Aug 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ECC EPS forecast?
ECC EPS forecast for the fiscal quarter 2025 (Q2) is 0.25.