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Eagle Point Income (EIC)
:EIC
Earnings Data
Report Date
Aug 19, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.6Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 28, 2025
|% Change Since: -12.80%
|Next Earnings Date:Aug 19, 2025
Earnings Call Sentiment|Negative
The earnings call reflects a company facing challenges due to lower short-term rates leading to decreased net investment income, reduced NAV, and a cut in dividend distributions. However, the company strategically raised capital and invested in discounted assets, maintaining liquidity for future opportunities. Despite these efforts, the negative aspects, predominantly driven by macroeconomic factors, outweigh the positive strategic moves.Company Guidance
During the first quarter of 2025, Eagle Point Income Company reported a net investment income and realized gains of $0.44 per share, comprised of $0.40 of net investment income and $0.04 of realized capital gains, a decrease from $0.54 per share in the fourth quarter of 2024. The decline was largely due to a decrease in the SOFR rate, impacting CLO debt positions, and spread compression in syndicated loans, affecting CLO equity earnings. The company declared three monthly distributions of $0.13 per share for the third quarter, down from previous distributions, reflecting the current interest rate environment. As of March 31, 2025, the company's NAV per share was $14.16, down from $14.99 at the end of 2024. The company raised approximately $64 million through its at-the-market program and an additional $14 million from the issuance of preferred stock. During the quarter, $120 million was deployed across CLO debt and equity purchases, capitalizing on market volatility. The asset coverage ratio for preferred stock was 345%, well above the required minimum, and the company had $33 million in cash and undrawn revolver capacity as of April 30th.Capital Raising Success
The company raised approximately $64 million of common stock and an additional $14 million from ATM issuance of preferred stock, leading to NAV accretion of $0.08 per share.
Opportunistic Investment Activity
Eagle Point Income Company capitalized on market volatility by deploying approximately $120 million into discounted CLO debt and equity, aiming for future value appreciation.
Ample Liquidity for Future Investments
The company reported having $33 million of cash and undrawn revolver capacity as of April 30th, positioning it well to continue deploying capital.
EIC 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
EIC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 28, 2025 | $14.77 | $12.95 | -12.32% |
Feb 20, 2025 | $15.16 | $15.34 | +1.19% |
Nov 14, 2024 | $14.96 | $14.84 | -0.80% |
Aug 06, 2024 | $13.27 | $13.54 | +2.03% |
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 Income (EIC) report earnings?
Eagle Point Income (EIC) is schdueled to report earning on Aug 19, 2025, TBA Not Confirmed.
What is Eagle Point Income (EIC) earnings time?
Eagle Point Income (EIC) 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 EIC EPS forecast?
Currently, no data Available