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Great Elm Capital Corporation (GECC)
NASDAQ:GECC
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.44Last Year’s EPS
0.32Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 05, 2025
|% Change Since: 8.09%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Positive
The earnings call displayed a strong financial performance with record-breaking total investment income and significant growth in NII per share. However, concerns were noted regarding NAV decline due to market volatility and reduced asset coverage ratio. Despite these challenges, the company remains confident in its long-term growth strategy and ability to generate sustainable returns.Company Guidance
In the first quarter of 2025, Great Elm Capital Corp. achieved its highest-ever total investment income of $12.5 million, marking a 37% increase from the previous quarter and over 40% growth year-over-year. The net investment income (NII) per share doubled to $0.40, up from $0.20 in the prior quarter, mainly due to the success of their CLO joint venture and new investments. The company's NII covered the first-quarter distribution of $0.37 per share, a 5.7% increase from the previous quarter. Despite a modest decrease in net asset value (NAV) per share, driven by unrealized losses on some portfolio investments, the company anticipates that second-quarter NII will surpass first-quarter levels. As of March 31, 2025, the company's net assets were $132 million, with an asset coverage ratio of 163.8% and total debt outstanding at $207 million. The company remains focused on enhancing portfolio quality and is optimistic about generating sustainable returns for shareholders.Record-Breaking Total Investment Income
Achieved the highest total investment income in company history at $12.5 million, marking a 37% increase from the last quarter and over 40% year-over-year growth.
Net Investment Income Per Share Doubles
Net Investment Income (NII) per share doubled to $0.40 from $0.20 in the prior quarter, driven by increased total investment income and new investments.
Increased Distribution to Shareholders
First quarter distribution increased by 5.7% to $0.37 per share, with NII more than covering the distribution.
Strong Performance from CLO Joint Venture
Received $3.8 million in cash distributions from the CLO JV in Q1, up from $0.5 million in Q4 of 2024.
Debt and Portfolio Management
First-lien loans comprised 71% of the corporate portfolio, demonstrating a focus on secured income-generating assets.
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GECC 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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GECC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| May 05, 2025 | $10.01 | $10.58 | +5.69% |
| Mar 10, 2025 | $10.17 | $10.16 | -0.10% |
| Oct 31, 2024 | $9.32 | $9.00 | -3.43% |
| Aug 01, 2024 | $9.67 | $9.19 | -4.96% |
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 Great Elm Capital Corporation (GECC) report earnings?
Great Elm Capital Corporation (GECC) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Great Elm Capital Corporation (GECC) earnings time?
Great Elm Capital Corporation (GECC) earnings time is at Jul 31, 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 GECC EPS forecast?
GECC EPS forecast for the fiscal quarter 2025 (Q2) is 0.44.
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