NASDAQ$CGBD

Carlyle Secured Lending Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Reported strong third quarter results with substantial increases in sustainable income and net asset value.

Carlyle Secured Lending, Inc. announced strong third quarter results with substantial increases in sustainable income and net asset value. Net investment income was $0.58 per common share, and net asset value per common share increased by 2.1% to $17.16.

  • Net investment income for the third quarter of 2022 was $0.58 per common share.
  • Net asset value per common share increased by 2.1% for the third quarter to $17.16.
  • Total fair value of investments was $1.9 billion as of September 30, 2022.
  • A base quarterly common dividend of $0.36 plus a supplemental common dividend of $0.08 were declared.

Headline financials

Total Revenue

-$1.09M

Previous: $43.8M-102.5%
EPS (adj)

$0.44

Previous: $0.39+12.8%
Free Cash Flow

$37.8M

No prior period
Net Income

$37.8M

Previous: $47.6M-20.6%
Operating Income

-$16.5M

No prior period
Gross Profit

-$1.09M

No prior period
Cash & Equivalents

$68.6M

Previous: $46.2M+48.7%
Total Assets

$1.9B

Previous: $2.04B-7.1%

Revenue & EPS history

Carlyle · Revenue · Quarterly

-$1.09M

Q3 2022-102.5%vs Q3 2021
Beat estimate in 3 of 11 quarters(27%)
ActualEstimate

Forward guidance

Increased both base and supplemental dividend rates for the fourth quarter.

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 Q3 2022

Historical avgQ3 2022

+0.6%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+1.6%

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%
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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