Eagle Point Credit Company Inc. Announces Third Quarter 2020 Financial Results

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Eagle Point Credit (ECC) Misses Q3 EPS by 49c

November 17, 2020 8:02 AM EST

Eagle Point Credit (NYSE: ECC) reported Q3 EPS of ($0.23), $0.49 worse than the analyst estimate of $0.26.

THIRD QUARTER HIGHLIGHTS

Net investment income (NII) and realized losses of $0.23 per weighted average common share1 for the third quarter of 2020.NAV per common share of $8.45 as of September 30, 2020.Third quarter 2020 GAAP net income (inclusive of unrealized mark-to-market gains) of $44.5 million, or... More