Eagle Point Income Company (EIC) Reports Q3 EPS of $0.28

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Go back to Eagle Point Income Company (EIC) Reports Q3 EPS of $0.28

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

November 17, 2020 8:00 AM EST

GREENWICH, Conn.--(BUSINESS WIRE)-- Eagle Point Income Company Inc. (the Company) (NYSE: EIC) today announced financial results for the quarter ended September 30, 2020, net asset value (NAV) as of September 30, 2020 and certain additional activity through October 31, 2020.

THIRD QUARTER 2020 HIGHLIGHTS

Net investment income (NII) of $0.28 per weighted average common share.1 NAV per common share of $14.84 as of September 30, 2020. Third quarter 2020 GAAP net income (inclusive of unrealized mark-to-market gains) of $6.9 million, or $1.13 per weighted average common share. Weighted average effective yield of the Companys collateralized loan obligation (CLO) debt... More