OFS Capital (OFS) Misses Q4 EPS by 3c

Note: EPS may not be comparable

OFS Capital (NASDAQ: OFS) reported Q4 EPS of $0.29, $0.03 worse than the analyst estimate of $0.32.

FINANCIAL HIGHLIGHTS

• Fourth quarter net investment income of $3.8 million, or $0.29 per share.
• Closed investments totaled $28.3 million in the fourth quarter of 2017.
• As of March 2, 2018, closed approximately $44.4 million of additional new investments during the first quarter of 2018.
• 79% and 76% of the fair value of our loan portfolio was senior and floating rate, respectively, and the weighted average yield of our performing loan portfolio was 12.11% as of December 31, 2017(1).
• 89% of our debt is fixed rate with a weighted average cost of 3.43% as of December 31, 2017, with maturities in 2022 and beyond.
• On February 27, 2018, OFS Capital's Board of Directors declared a distribution of $0.34 per share for the first quarter of 2018. The distribution, along with a previously announced $0.37 per share special distribution, are payable on March 29, 2018 to stockholders of record as of March 22, 2018.

For earnings history and earnings-related data on OFS Capital (OFS) click here.

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