Eagle Point Credit Company

ECC offers a high 21.5% dividend yield, fully covered by earnings, but faces capital loss and NAV decline due to high-interest rates. The portfolio is heavily invested in risky CLO equity, with 78.8% exposure, and benefits from floating rate structures, increasing income in high-rate environments. Q4 earnings showed mixed results with net investment income missing estimates and NAV decreasing for four consecutive quarters, reflecting ongoing rate-related challenges.» Mehr auf seekingalpha.com

Eagle Point Credit Co LLC (NYSE:ECC ) Q4 2024 Earnings Conference Call February 20, 2025 10:00 AM ET Company Participants Garrett Edson - ICR, Investor Relations Thomas Majewski - Chief Executive Officer Ken Onorio - Chief Financial Officer and Chief Operating Officer Conference Call Participants Randy Binner - B. Riley Securities Erik Zwick - Lucid Capital Markets Operator Greetings, and welcome to Eagle Point Credit Company Inc. Fourth Quarter 2024 Financial Results Conference Call.» Mehr auf seekingalpha.com

Eagle Point (ECC) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.33 per share a year ago.» Mehr auf zacks.com