Saratoga Investment Corp. Announces Fiscal First Quarter 2019 Financial Results

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Saratoga Investment (SAR) Tops Q1 EPS by 9c

July 10, 2018 4:11 PM EDT

Saratoga Investment (NYSE: SAR) reported Q1 EPS of $0.64, $0.09 better than the analyst estimate of $0.55.

\"We are pleased with the strength of our first fiscal quarter of 2019 which continues to drive industry leading performance metrics across the board," said Christian L. Oberbeck, Chairman and Chief Executive Officer of Saratoga Investment. "Adjusted NII per share is $0.64, thirteen cents above our current $0.51 dividend; adjusted NII Yield is 11.1%; LTM ROE is 14.9%, almost 600 basis points above the BDC industry mean; and NAV per share is $23.06,... More