Eagle Point Credit (NYSE:ECC – Get Free Report) will post its quarterly earnings results before the market opens on Tuesday, August 6th. Analysts expect Eagle Point Credit to post earnings of $0.36 per share for the quarter.
Eagle Point Credit (NYSE:ECC – Get Free Report) last announced its quarterly earnings data on Tuesday, May 21st. The investment management company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.06). The company had revenue of $40.81 million during the quarter, compared to the consensus estimate of $42.30 million. Eagle Point Credit had a net margin of 88.90% and a return on equity of 13.48%. On average, analysts expect Eagle Point Credit to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Eagle Point Credit Stock Performance
ECC remained flat at $9.82 on Tuesday. The company had a trading volume of 183,067 shares, compared to its average volume of 811,980. The company has a 50 day moving average price of $10.11 and a two-hundred day moving average price of $10.08. Eagle Point Credit has a fifty-two week low of $8.60 and a fifty-two week high of $10.58. The company has a current ratio of 4.55, a quick ratio of 4.55 and a debt-to-equity ratio of 0.20. The company has a market cap of $755.65 million, a P/E ratio of 5.27 and a beta of 0.77.
Eagle Point Credit Announces Dividend
About Eagle Point Credit
Eagle Point Credit Company Inc is a closed ended fund launched and managed by Eagle Point Credit Management LLC. It invests in fixed income markets of the United States. The fund invests equity and junior debt tranches of collateralized loan obligations consisting primarily of below investment grade U.S.
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