Ellington Credit Reports Q1 GAAP Net Loss Amid CLO Market Volatility

Ellington Credit (NYSE:EARN) reported a GAAP net loss of $0.86 per share for the first quarter of 2026, primarily due to mark-to-market losses in its CLO equity holdings amid market volatility. The company raised $54 million through senior unsecured notes and deployed most proceeds by April, expanding its CLO portfolio to about $328 million.

By MarketBeat Wed, May 20, 2026 at 7:05 PM GMT+3 7 min read · Yahoo Finance · May 20, 2026, 16:05 UTC

Tickers: $EARN

Topics: balance sheet strengthening CLO market volatility GAAP net loss NAV recovery

Read the full article at Yahoo Finance

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