Eagle Point Income Announces Management Estimates for Q3 2024 Financials

Eagle Point Income Company Inc. (NYSE: EIC) recently provided management’s unaudited estimates concerning certain financial metrics for the third quarter ending September 30, 2024. The company’s net asset value per common stock share during this period is anticipated to fall within a range of $14.85 to $14.95.

Furthermore, management’s unaudited estimates indicate that the net investment income and realized gain per common stock share for the same quarter are projected to be between $0.55 and $0.59.

The company’s management disclosed these figures in accordance with Item 8.01 of the 8-K form filed with the Securities and Exchange Commission. Kenneth P. Onorio, the Chief Financial Officer and Chief Operating Officer of Eagle Point Income Company Inc., signed the report on behalf of the organization on October 8, 2024.

These estimates offer insights into the financial performance of Eagle Point Income for the third quarter of 2024 and serve as indicators for stakeholders and investors. The detailed financial results for the quarter will be officially disclosed in the upcoming financial statements and reports of the company.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Eagle Point Income’s 8K filing here.

Eagle Point Income Company Profile

About Eagle Point Income Company is a non-diversified,closed-end management investment company. The Company’s primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation, by investing primarily in junior debt tranches of CLOs. In addition, the Company may invest up to 20% of its total assets (at the time of investment) in CLO equity securities and related securities and instruments.