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Runway Growth Finance Corp (RWAY)
NASDAQ:RWAY
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.37Last Year’s EPS
0.46Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 20, 2025
|% Change Since: 0.48%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted successful strategic acquisitions and new investments, but was tempered by decreases in net investment income and yield. Despite strong portfolio management and increased net assets, challenges included realized losses and loans on non-accrual status.Company Guidance
During the fourth quarter of 2024, Runway Growth Finance reported total investment income of $33.8 million and net investment income of $14.6 million. The firm completed $154 million in funded loans, which included two new investments and five existing portfolio company investments. Their loan portfolio had a fair value of approximately $1.08 billion, with a net asset value per share increasing to $13.79. Runway's debt portfolio yielded a dollar-weighted average annualized yield of 14.7%, with operating expenses totaling $19.2 million. The company recorded a net realized loss on investments of $2.9 million. Runway had two loans on non-accrual status, representing only 0.5% of the total investment portfolio at fair value. The leverage ratio stood at 1.08 times, with total liquidity of $244.8 million. The firm announced aggregate distributions of $0.36 per share for the first quarter of 2025, reflecting a $0.33 per share base dividend and a $0.03 per share supplemental dividend.Total Investment Income for Q4 2024
Runway Growth Finance delivered total investment income of $33.8 million for the fourth quarter of 2024.
Successful Acquisition and Strategic Investment
Runway Growth Capital, the investment adviser, was acquired by BC Partners Credit, enhancing its origination channels and expanding its product set.
New Investments and Loan Growth
Runway Growth Finance executed two new investments and five investments with existing portfolio companies, representing $154 million in funded loans.
Increased Net Assets
Net assets increased to $514.9 million by the end of Q4 2024, up from $507.4 million in the previous quarter.
NAV Per Share Increase
Net Asset Value (NAV) per share increased by 3% to $13.79 at the end of Q4 2024.
Strong Portfolio Management
The weighted average portfolio risk rating decreased to 2.33 in Q4 2024 from 2.48 in Q3 2024.
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RWAY 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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RWAY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 20, 2025 | $10.34 | $10.24 | -0.97% |
| Nov 12, 2024 | $9.80 | $9.74 | -0.61% |
| Aug 08, 2024 | $10.00 | $9.33 | -6.70% |
| May 07, 2024 | $11.34 | $10.54 | -7.05% |
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 Runway Growth Finance Corp (RWAY) report earnings?
Runway Growth Finance Corp (RWAY) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Runway Growth Finance Corp (RWAY) earnings time?
Runway Growth Finance Corp (RWAY) earnings time is at May 13, 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 RWAY EPS forecast?
RWAY EPS forecast for the fiscal quarter 2025 (Q1) is 0.37.
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