Earnings Outlook For Eagle Point Credit Co

Eagle Point Credit Co ECC is set to give its latest quarterly earnings report on Thursday, 2024-11-14. Here's what investors need to know before the announcement.

Analysts estimate that Eagle Point Credit Co will report an earnings per share (EPS) of $0.28.

The announcement from Eagle Point Credit Co is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Performance in Previous Earnings

During the last quarter, the company reported an EPS missed by $0.05, leading to a 1.33% increase in the share price on the subsequent day.

Here's a look at Eagle Point Credit Co's past performance and the resulting price change:

Tracking Eagle Point Credit Co's Stock Performance

Shares of Eagle Point Credit Co were trading at $9.37 as of November 12. Over the last 52-week period, shares are down 2.4%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

To track all earnings releases for Eagle Point Credit Co visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.