Loading...
•
Dec 31, 2023
Whitehorse Finance Q4 2023 Earnings Report
Net investment income decreased slightly, but core net investment income remained strong, driven by higher investment income from interest and STRS JV.
Key Takeaways
WhiteHorse Finance reported a net investment income of $10.6 million for Q4 2023. The company's core net investment income was $10.6 million, or $0.456 per share. The investment portfolio totaled $696.2 million.
Net Asset Value was $316.8 million, or $13.63 per share.
Investment portfolio totaled $696.2 million.
STRS JV investment portfolio totaled $312.2 million.
Net investment income and core net investment income of $10.6 million, or $0.456 per share.
Forward Guidance
While remaining cautious about prevailing economic conditions, WhiteHorse Finance sees a continuing rebound in deal volume and quality in the lower middle markets. Pipeline activity levels remain high with opportunities to invest in credits with compelling risk-return characteristics. The strength of the pipeline enables the company to be conservative in deal selection as repayment activity gains momentum into early 2024.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...