Eagle Point Income Company (EIC) Reports Q4 EPS of $0.29

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Go back to Eagle Point Income Company (EIC) Reports Q4 EPS of $0.29

Eagle Point Income 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 Income Company Inc. (the Company) (NYSE: EIC) 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 2020 HIGHLIGHTS

Net investment income (NII) and realized gain on investments of $0.29 per weighted average common share.1 NAV per common share of $16.89 as of December 31, 2020, a 14% increase from September 30, 2020. Fourth quarter 2020 GAAP net income (inclusive of unrealized mark-to-market gains) of $15.1 million, or $2.48 per weighted average common... More