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Fidus Investment Corporation (FDUS)
NASDAQ:FDUS
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.54Last Year’s EPS
0.59Same Quarter Last Year
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 06, 2025
|% Change Since: -2.66%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed performance with strong portfolio growth and equity realized gains but faced challenges such as declines in adjusted net investment income and significant write-downs for Quantum IR Technologies. The strategic management of the portfolio and maintaining a low level of non-accruals were positives, but higher expenses and reduced dividend income posed concerns.Company Guidance
During the Fidus Fourth Quarter 2024 Earnings Conference Call, the company provided detailed guidance on its financial performance and strategic outlook. Fidus Investment Corporation reported a 14% growth in its portfolio to $1.1 billion on a fair value basis as of December 31, 2024. The adjusted net investment income was $18.4 million, with a per-share basis of $0.54, down from $0.65 in the previous year. The company's net asset value was $655.7 million or $19.33 per share at the quarter's end. For the first quarter of 2025, a total dividend of $0.54 per share was declared, comprising a base dividend of $0.43 and a supplemental dividend of $0.11. The fourth quarter saw originations totaling $120.3 million, while proceeds from repayments and realizations amounted to $122.8 million. The debt portfolio's weighted average effective yield was 13.3%, and the net debt to equity ratio stood at 0.7 times. The company also maintained liquidity with $175.7 million available, including cash and credit lines. Looking ahead, Fidus aims to continue its disciplined investment strategy, targeting a balance of debt and equity to enhance returns and sustain portfolio health.Portfolio Growth
The portfolio grew by 14% to $1.1 billion on a fair value basis as of December 31, 2024, compared to year-end 2023.
Equity Realized Gains
Fidus generated $208 million in net realized capital gains from equity investments over the past five years, with $155 million in net realized gains across the total portfolio.
Low Non-Accruals
Non-accruals on a fair value basis for the fourth quarter stayed under 1% of the portfolio.
Strong Debt Portfolio
76% of the debt portfolio consisted of first lien investments, reflecting a strong credit quality.
Strategic Portfolio Management
Successful co-investment strategy with equity in 85.7% of portfolio companies and a 3.5% average fully diluted equity ownership.
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FDUS 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
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FDUS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 06, 2025 | $21.81 | $22.09 | +1.28% |
| Oct 31, 2024 | $18.93 | $18.88 | -0.26% |
| Aug 02, 2024 | $18.32 | $18.22 | -0.55% |
| May 02, 2024 | $18.58 | $18.30 | -1.51% |
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.
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FAQ
When does Fidus Investment Corporation (FDUS) report earnings?
Fidus Investment Corporation (FDUS) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Fidus Investment Corporation (FDUS) earnings time?
Fidus Investment Corporation (FDUS) earnings time is at May 01, 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 FDUS EPS forecast?
FDUS EPS forecast for the fiscal quarter 2025 (Q1) is 0.54.
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