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Sound Point Meridian Capital, Inc. (SPMC)
NYSE:SPMC
US Market
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Sound Point Meridian Capital, Inc. (SPMC) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Feb 18, 2026
Before Open (Confirmed)
Period Ending
2026 (Q3)
Consensus EPS Forecast
0.63
Last Year’s EPS
0.62
Same Quarter Last Year
Based on 4 Analysts Ratings

Earnings Call Summary

Q2 2026
Earnings Call Date:Aug 12, 2025|
% Change Since:
|
Earnings Call Sentiment|Negative
The earnings call presented a mixed picture with some financial achievements like consistent net investment income and a diversified portfolio strategy. However, these were overshadowed by significant challenges, including a decline in NAV, realized and unrealized losses, and ongoing spread compression affecting profitability.
Company Guidance
During the fiscal second quarter ended September 30, 2025, Sound Point Meridian Capital reported a net investment income (NII) of $11 million, equating to $0.54 per share, despite facing a net realized loss of $0.05 per share from exited investments. The firm distributed $0.75 per share during the quarter, resulting in a shortfall relative to NII, primarily due to spread compression within CLO collateral portfolios and reduced participation in loan accumulation facilities. The net asset value (NAV) per share decreased to $16.91 from $18.50 on June 30, 2025. The company deployed $9.2 million across two warehouse investments and purchased 15 new equity positions with a combined amortized cost of $45.6 million and yields of 15.3% and 14.2%. Additionally, the CLO equity portfolio's weighted average GAAP yield declined to 12% from 12.9% in the prior quarter. The company maintained a diversified strategy, encompassing 94 CLOs managed by 27 managers with exposure to over 1,600 loan issuers. Looking forward, the company noted potential refinancing opportunities, with 70% of the portfolio exiting non-call periods by year-end 2026, which could help offset loan spread tightening seen in 2025.
Net Investment Income Achieved
Sound Point Meridian Capital reported net investment income of $11 million or $0.54 per share for the quarter ended September 30, 2025.
Diversified Portfolio Strategy
The company maintained a highly diversified portfolio with 94 CLOs managed by 27 managers, with exposure to over 1,600 loan issuers across more than 30 sectors.
Consistent Dividend Distribution
Monthly cash dividends of $0.25 per share were declared, representing an annualized dividend yield of 17.3%.
Active Market Environment
The U.S. leverage loan market showed a rebound in primary institutional issuance to $44 billion in Q3 2025, indicating a more active pipeline of buyout and corporate transactions heading into 2026.

Sound Point Meridian Capital, Inc. (SPMC) 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

SPMC Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Feb 18, 2026
2026 (Q3)
0.63 / -
0.62
Aug 12, 2025
2026 (Q1)
0.54 / 0.53
0.08562.50% (+0.45)
Aug 12, 2025
2026 (Q2)
0.56 / 0.54
0.86-37.21% (-0.32)
May 29, 2025
2025 (Q4)
0.60 / 0.66
Feb 12, 2025
2025 (Q3)
0.51 / 0.62
Nov 13, 2024
2025 (Q2)
0.65 / 0.86
Aug 15, 2024
2024 (Q2)
- / 0.08
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

SPMC Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Aug 12, 2025
$17.31$17.24-0.40%
Aug 12, 2025
$17.31$17.24-0.40%
May 29, 2025
$16.54$16.72+1.09%
Feb 12, 2025
$18.37$18.85+2.61%
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 Sound Point Meridian Capital, Inc. (SPMC) report earnings?
Sound Point Meridian Capital, Inc. (SPMC) is schdueled to report earning on Feb 18, 2026, Before Open (Confirmed).
    What is Sound Point Meridian Capital, Inc. (SPMC) earnings time?
    Sound Point Meridian Capital, Inc. (SPMC) earnings time is at Feb 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 SPMC EPS forecast?
          SPMC EPS forecast for the fiscal quarter 2026 (Q3) is 0.63.
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