SLR Investment Corp. Reports Q3 GAAP EPS of $0.33, Exceeding Estimates
SLR Investment Corp. (SLRC) reported third-quarter GAAP earnings per share of $0.33, slightly surpassing analyst expectations by $0.01. The company also reported total investment income of $49.34 million, which outperformed estimates by $0.41 million despite representing a 13.4% year-over-year decline. The results come amid broader discussions regarding the company's dividend yield and valuation. While nonaccruals have seen an increase to 2%, management has outlined specific initiatives aimed at lifting Net Investment Income (NII) over the coming year.
Tickers: $SLRC
Topics: earnings beat GAAP EPS investment income
Read the full article at Seeking Alpha
Part of the story Eco Wave Power Global Reports Q3 GAAP EPS of -$0.01, Exceeding Estimates (4 articles)