Eagle Point Credit (ECC) Misses Q4 EPS by 5c

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Go back to Eagle Point Credit (ECC) Misses Q4 EPS by 5c

Eagle Point Credit Company Inc. Announces Fourth Quarter 2020 and Year-End 2020 Financial Results

February 23, 2021 8:00 AM EST

GREENWICH, Conn.--(BUSINESS WIRE)-- Eagle Point Credit Company Inc. (the Company) (NYSE: ECC, ECCB, ECCX, ECCY) today announced financial results for the quarter and fiscal year ended December 31, 2020, net asset value (NAV) as of December 31, 2020 and certain additional activity through February 9, 2021.

FOURTH QUARTER AND FULL YEAR 2020 HIGHLIGHTS

NAV per common share of $11.18 as of December 31, 2020, up from $8.45 per common share as of September 30, 2020. Net investment income (NII) of $0.24 per weighted average common share1 for the fourth quarter of 2020. NII less realized capital losses resulted in a net loss of $0.80 per... More