Eagle Point Income Company (EIC) Reports Q1 EPS of $0.43

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Go back to Eagle Point Income Company (EIC) Reports Q1 EPS of $0.43

Eagle Point Income Company Inc. Announces First Quarter 2020 Financial Results

May 21, 2020 8:00 AM EDT

GREENWICH, Conn.--(BUSINESS WIRE)-- Eagle Point Income Company Inc. (the Company) (NYSE: EIC) today announced financial results for the quarter ended March 31, 2020, net asset value (NAV) as of March 31, 2020 and certain additional activity through May 14, 2020.

FIRST QUARTER 2020 HIGHLIGHTS

Net investment income (NII) of $0.43 per weighted average common share1 for the first quarter of 2020. NII and realized capital losses resulted in a loss of $2.05 per weighted average common share for the first quarter of 2020. NAV per common share of $8.99 as of March 31, 2020. First quarter 2020 GAAP net loss... More