Eagle Point Credit Company Inc. (NYSE: ECC) is a financial firm specializing in investment management, particularly in collateralized loan obligations (CLOs). The company is listed on the New York Stock Exchange and operates within the Zacks Financial - Investment Management industry. ECC competes with other investment management firms, focusing on generating returns through strategic portfolio management.
On February 20, 2025, ECC reported earnings per share (EPS) of $0.24, missing the estimated $0.27. This represents a 6.9% negative surprise compared to the Zacks Consensus Estimate of $0.29. The earnings also declined from $0.33 per share in the same quarter last year. Despite this, ECC's revenue for the quarter was $49.5 million, slightly below the anticipated $51.3 million.
The earnings call on February 20, 2025, featured key figures like CEO Thomas Majewski and CFO Ken Onorio. The call was attended by analysts such as Randy Binner from B. Riley Securities. Despite the earnings miss, ECC's revenue of $49.55 million exceeded the Zacks Consensus Estimate by 1.2%, marking a significant increase from $39.39 million a year ago.
ECC's financial metrics reveal a price-to-earnings (P/E) ratio of 7.07, indicating the price investors are willing to pay per dollar of earnings. The company's price-to-sales ratio is 4.67, and its enterprise value to sales ratio is 5.76. These figures reflect the company's valuation relative to its sales and earnings.
ECC maintains a debt-to-equity ratio of 0.29, indicating a low level of debt compared to equity. The current ratio of 4.09 shows ECC's strong ability to cover short-term liabilities with short-term assets. However, the negative enterprise value to operating cash flow ratio suggests potential challenges in cash flow generation relative to its valuation.
