Eagle Point Credit Company Inc. (NYSE:ECC) is reporting third quarter earnings results on Tuesday 17th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.26 per share.
For the full year, analysts predict revenues of $ 63.41 million, while looking forward to income of $ 1.15 per share.
Previous Quarter Performance
Eagle Point Credit Company Inc. unfold income for the second quarter of $ 0.28 per share, from the revenue of $ 15.38 million. The quarterly earnings decreased 22.22 percent while revenues contracted 11.05 percent compared with the same quarter last year. The top line results fell short of analysts by $ 0.13 million or 0.84 percent.
Stock Performance
Shares of Eagle Point Credit Company Inc. traded up $ 0.17 or 2.05 percent on Monday, reaching $ 8.45 with volume of 120.20 thousand shares. Eagle Point Credit Company Inc. has traded high as $ 8.63 and has cracked $ 8.35 on the downward trend
According to the previous trading day, closing price of $ 8.45, representing a 119.05 % increase from the 52 week low of $ 3.78 and a 48.09 % decrease over the 52 week high of $ 15.95.
The company has a market capital of $ 267.66 million and is part of the Financial Services sector and Asset Management industry.
Conference Call
Eagle Point Credit Company Inc. will be hosting a conference call at 10:00 AM eastern time on 17th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, (877) 407-0789 Toll Free or (201) 689-8562 Toll Number, with passcode : 13712484 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.eaglepointcreditcompany.com
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.
