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ECC

Eagle Point Credit Company Inc.

https://www.eaglepointcreditcompany.com

Industry

Asset Management

Eagle Point Credit Company Inc. is a closed ended fund launched and managed by Eagle Point Credit Management LLC. It invests in fixed income markets of the United States. The fund invests equity and junior debt tranches of collateralized loan obligations consisting primarily of below investment grade U.S. senior secured loans. Eagle Point Credit Company Inc. was formed on March 24, 2014 and is domiciled in the United States.

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Keefe, Bruyette & Woods analyst Paul Johnson maintains a Market Perform rating on Eagle Point Credit Co (NYSE:ECC) but lowers the price target from $10.5 to $10.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 2:35 pm

Eagle Point Credit Co (NYSE:ECC) reported Q2 2024 earnings per share of $0.28, missing the analyst estimate of $0.31 by 9.68%. The company also reported sales of $42.276 million, missing the estimate of $44.842 million by 5.72%. Despite the misses, sales increased by 33.22% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 12:46 pm

Eagle Point Credit Co (NYSE:ECC) reported Q1 2024 earnings of $0.31 per share, missing the analyst estimate of $0.34. Sales were $40.810 million, also below the $41.452 million estimate. Despite the misses, sales increased by 27.86% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 12:14 pm

Eagle Point Credit Co (ECC) reported Q4 2023 earnings of $0.37 per share, surpassing the consensus estimate of $0.34. Sales reached $39.40M, exceeding the $38.46M estimate and marking a 21.17% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:03 pm

Earnings reports for various companies are scheduled for February 22, 2024, covering a wide range of industries. These reports include both earnings per share and revenue forecasts, with some companies expected to report losses.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 10:27 am

Eagle Point Credit Company has priced an underwritten public offering of 1.4 million shares of its 8.00% Series F Term Preferred Stock due 2029 at $25 per share. The offering is expected to yield net proceeds of approximately $33.6 million after underwriting discounts, commissions, and estimated offering expenses.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 6:24 am

Eagle Point Credit Company has announced an underwritten public offering of Series F Preferred Stock, although the specific terms of the offering have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 1:58 pm

Eagle Point Credit Company has announced an underwritten public offering of Preferred Stock, with terms yet to be disclosed. The stock is expected to be listed on the NYSE under the symbol 'ECCF' within 30 days of the issue date.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 1:42 pm

Eagle Point Credit Co (NYSE:ECC) has announced a monthly dividend of 14 cents per share, with Tuesday being the last day for investors to own the stock and be eligible for the dividend. The stock will go ex-dividend on Wednesday, meaning it will trade lower by the dividend amount. The dividend is scheduled to be paid on January 31, 2024.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 2:45 pm

The article lists a number of companies scheduled to report their earnings on November 14, 2023. It includes their expected quarterly results, with some companies anticipated to report profits per share and others expected to report losses. The revenues for each company are also provided, giving investors insights into the financial performance of these companies for the upcoming earnings announcements.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 1:23 pm

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