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Fidus Investment Corporation (DE:8QP)
FRANKFURT:8QP
Holding DE:8QP?
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Earnings Data
Report Date
Feb 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
€0.5Last Year’s EPS
€0.62Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 31, 2024
|% Change Since: 16.42%
|Next Earnings Date:Feb 27, 2025
Earnings Call Sentiment|Neutral
The call highlighted strong financial performance, including record interest income and growth in net asset value. However, there were concerns about yield compression and some portfolio companies underperforming. The approval of a new SBIC license indicates potential for future growth.Company Guidance
During Fidus Investment Corporation's Q3 2024 earnings call, the company provided detailed guidance on its financial performance and strategic outlook. The debt portfolio grew by 20% over the past year, generating a record interest income of $33.7 million. The net asset value at the end of the quarter was $658.8 million, reflecting an 11.8% increase from December 31, 2023. Adjusted net investment income for the quarter rose by 12.3% to $20.4 million, with an adjusted NII per share of $0.61, covering the base dividend of $0.43 per share. A supplemental dividend brought the total dividend to $0.57 per share. Originations totaled $65.9 million, while repayments and realizations were $50.8 million. The portfolio's fair value stood at $1.1 billion, with 85 active portfolio companies. The weighted average effective yield on debt investments decreased slightly to 13.8%. Looking ahead, the company anticipates continued investment activity with a focus on strong cash flow-generating businesses and expects a modest increase in M&A activity by year-end.Record Interest Income
The debt portfolio generated record interest income of $33.7 million, covering the base dividend.
Net Asset Value Growth
Net asset value stood at $658.8 million, an 11.8% increase from December 31, 2023.
Adjusted Net Investment Income Increase
Adjusted net investment income grew 12.3% to $20.4 million compared to last year.
SBA License Approval
The SBA approved a new SBIC license, providing access to an additional $175 million in debentures.
Stable Portfolio and Realized Gains
The portfolio remains healthy with nonaccruals under 1% and realized net gains of $10.6 million for the year.
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DE:8QP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DE:8QP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 31, 2024 | €17.09 | €17.09 | 0.00% |
| Aug 02, 2024 | €16.98 | €16.61 | -2.22% |
| May 02, 2024 | €17.21 | €17.02 | -1.06% |
| Feb 29, 2024 | €15.83 | €15.83 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Fidus Investment Corporation (DE:8QP) report earnings?
Fidus Investment Corporation (DE:8QP) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is Fidus Investment Corporation (DE:8QP) earnings time?
Fidus Investment Corporation (DE:8QP) earnings time is at Feb 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Fidus Investment Corporation stock?
The P/E ratio of Fidus Investment is 7.2.
What is DE:8QP EPS forecast?
DE:8QP EPS forecast for the fiscal quarter 2024 (Q4) is €0.5.
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