Eagle Point Credit Company (ECC)
NYSE:ECC
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Earnings Data
Report Date
Aug 18, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.18Last Year’s EPS
0.22Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Negative
The call presented a mixed picture: significant near-term mark-to-market weakness drove a large NAV decline (‑26.8%), a $148M GAAP loss and elevated pro forma leverage (~47%), which are material negatives. Offsetting strengths include opportunistic high-yield deployments ($100M at 18.9%), active CLO liability and portfolio management (4 resets/3 refinancings with 43 bps debt cost savings and longer WARP of 3.4 years), a quick April NAV rebound (~+9% midpoint), diversification into complementary credit strategies, and insider buying. Management framed the quarter’s losses as largely short-term mark-to-market dislocations and emphasized attractive forward return potential and actions to reduce leverage, but the magnitude of the Q1 losses and current leverage leave meaningful near-term risks.Company Guidance
Opportunistic New Deployments at High Yield
Deployed $100 million of new investments during the quarter at a weighted average effective yield of 18.9%, taking advantage of dislocated prices and attractive relative value opportunities.
Active CLO Management — Resets and Refinancings
Completed 4 CLO resets and 3 refinancings during the quarter, generating weighted average CLO debt cost savings of 43 basis points and extending reinvestment periods for reset positions to 5 years.
Extended Reinvestment Optionality (WARP)
Weighted average remaining reinvestment period (WARP) ended the quarter at 3.4 years, above the market average of 2.8 years and slightly higher than the prior year-end level of 3.3 years, reflecting deliberate extension of reinvestment optionality.
Portfolio Diversification Beyond CLO Equity
Broadened exposure to complementary credit asset classes (infrastructure credit, regulatory capital relief, portfolio debt securities and other structured/specialty credit); as of March 31, CLO equity comprised 67% of the portfolio while other credit asset classes represented 31%.
Realized Attractive Return on Direct Origination
Successfully originated a directly originated infrastructure investment in 2025 and realized it just 4 months later, crystallizing an attractive return — demonstrating ability to originate and monetize differentiated credit opportunities outside CLO equity.
April NAV Recovery
Portfolio rebounded sharply in April with management's unaudited NAV estimate between $4.49 and $4.59 per share (midpoint ~9% increase from March 31 quarter-end NAV of $4.17), indicating mark-to-market recovery after Q1 volatility.
Strong Yield Profile on Fair-Value Basis
Management reported an estimated loss-adjusted effective yield on the CLO equity portfolio of roughly 26.3% on a fair-value basis (versus ~9% on amortized cost), highlighting the high forward return potential of the portfolio when measured at market values.
Insider Buying and Liability Management
Members of the senior investment team purchased over 167,000 shares during Q1 and the company completed full redemption of ECCW and ECCX notes post-quarter, and management described opportunistic buybacks of discounted debt to reduce leverage and extend maturity profile (nearest maturity now 2029).
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 19, 2026 | $4.02 | $4.02 | 0.00% |
Feb 17, 2026 | $4.20 | $3.91 | -6.72% |
Nov 13, 2025 | $5.21 | $5.20 | -0.35% |
Aug 12, 2025 | $5.11 | $5.59 | +9.60% |
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 (ECC) report earnings?
Eagle Point Credit Company (ECC) is schdueled to report earning on Aug 18, 2026, Before Open (Confirmed).
What is Eagle Point Credit Company (ECC) earnings time?
Eagle Point Credit Company (ECC) earnings time is at Aug 18, 2026, Before Open (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 2026 (Q2) is 0.18.