Eagle Point Credit Co Earnings Preview
Portfolio Pulse from Benzinga Insights
Eagle Point Credit Co (NYSE:ECC) is set to release its latest quarterly earnings report on August 15, 2023. Analysts estimate an earnings per share (EPS) of $0.37. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. Shares are currently trading at $10.36 and have seen a 12.84% decrease over the last 52-week period.
August 14, 2023 | 3:02 pm
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Eagle Point Credit Co is expected to report an EPS of $0.37 in its upcoming earnings report. The company's history of missing EPS estimates and subsequent share price drops may impact investor sentiment.
Eagle Point Credit Co has a history of missing EPS estimates, which has typically resulted in a drop in share price. Given this trend and the current analyst estimate of $0.37, there is a potential for negative impact on the stock price if the company fails to meet the estimate.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100