NASDAQ$CGBD

Carlyle Secured Lending Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Announced financial results for the second quarter of 2024.

Carlyle Secured Lending, Inc. reported strong performance in the second quarter of 2024, driven by its core middle-market strategy and active portfolio management. Net investment income was $0.51 per common share. A merger agreement with Carlyle Secured Lending III was announced.

  • Net investment income for the second quarter of 2024 was $0.51 per common share.
  • Net asset value per common share decreased by 0.7% to $16.95.
  • Total fair value of investments was $1.7 billion as of June 30, 2024.
  • A merger agreement with Carlyle Secured Lending III was entered into on August 2, 2024.

Headline financials

Total Revenue

-$1.02M

Previous: -$588K-73.1%
EPS

$0.33

Previous: $0.52-36.5%
Capital Expenditures

$0.00

No prior period
Free Cash Flow

$18.7M

Previous: $4.71M+297.8%
Net Income

$18.7M

Previous: $4.71M+297.8%
Operating Income

-$14.7M

Previous: -$14.8M+1.3%
Gross Profit

-$1.02M

Previous: -$588K-73.1%
Total Assets

$1.87B

Previous: $1.98B-5.8%

Revenue & EPS history

Carlyle · Revenue · Quarterly

-$1.02M

Q2 2024+73.1%vs Q2 2023
Beat estimate in 3 of 12 quarters(25%)
ActualEstimate

Forward guidance

The transaction is subject to customary closing conditions and is expected to close during the first fiscal quarter of 2025.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

+0.6%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+1.3%

Avg return

30 days after

47%

9 / 19 earnings

Positive

+6.5%

Q1 2022

Best reaction

-3.7%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.1%-2.8%-4.8%
Q4 2025-0.5%-2.5%-4.2%
Q3 2025-1.2%-5.1%+2.5%
Q1 2025+0.0%-4.0%-2.4%
Q4 2024+1.9%+0.7%-4.6%
Q3 2024-0.4%-0.1%+5.8%
Q2 2024-3.6%-3.0%+0.6%
Q1 2024-0.3%+1.4%+1.8%
Q4 2023+5.1%+5.0%+5.1%
Q3 2023-0.6%-0.8%+5.9%
Q2 2023-3.3%-3.5%-6.6%
Q1 2023+0.1%-1.3%+8.9%
Q4 2022-3.7%-1.1%-11.0%
Q3 2022+3.4%+6.7%+7.1%
Q2 2022+1.4%+5.5%+1.0%
Q1 2022+6.5%+6.8%+3.2%
Q4 2021+2.3%+2.1%+5.6%
Q3 2021+0.2%+1.0%-2.1%
Q4 2020+4.8%+3.2%+12.6%

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