Eagle Point Credit Co Q3 NII And Realized Capital Gains $0.35 Beats $0.33 Estimate
Portfolio Pulse from Benzinga Newsdesk
Eagle Point Credit Co reported a Q3 Net Investment Income (NII) and Realized Capital Gains of $0.35 per share, surpassing the estimated $0.33. This indicates a positive performance compared to market expectations.
November 14, 2023 | 1:03 pm
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Eagle Point Credit Co's Q3 earnings exceeded expectations, reporting NII and Realized Capital Gains of $0.35 per share against the $0.33 estimate.
Earnings beats typically lead to positive investor sentiment and can cause a short-term increase in stock price as it reflects better than expected financial health.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100