NASDAQ$SLRC
SLR Investment Corp · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Reported net investment income and declared quarterly distribution, with NAV appreciation and solid portfolio credit quality.
SLR Investment Corp. reported a strong Q1 2024 with net investment income of $0.44 per share and a net increase in net assets from operations of $27.9 million. The company's net asset value increased, and the board declared a quarterly distribution of $0.41 per share.
- Net investment income was $23.9 million, or $0.44 per share.
- Declared a quarterly distribution of $0.41 per share.
- Net asset value was $18.19 per share as of March 31, 2024, compared to $18.09 as of December 31, 2023.
- Comprehensive portfolio originations of $260.9 million and repayments of $313.9 million.
Headline financials
Revenue & EPS history
SLR · Revenue · Quarterly
$24M
Forward guidance
The forward-looking statements involve risks and uncertainties including changes in the economy, financial markets and political environment, and future changes in laws or regulations.
Tailwinds
- Increase in the size of SLRC’s income producing comprehensive portfolio
- Increase in the size of SSLP’s investment portfolio
- Expected dividend yield payable to SLRC from SSLP
- Market environment and its impact on the business prospects of SLRC
- Prospects for additional portfolio growth of SLRC
Headwinds
- Changes in the economy, financial markets and political environment, including the impacts of inflation and rising interest rates
- Risks associated with possible disruption in the operations of SLRC or the economy generally due to terrorism, war or other geopolitical conflicts, natural disasters, or pandemics
- Future changes in laws or regulations (including the interpretation of these laws and regulations by regulatory authorities)
- Conditions in SLRC’s operating areas, particularly with respect to business development companies or regulated investment companies
- Other considerations that may be disclosed from time to time in SLRC’s publicly disseminated documents and filings
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 Q1 2024
+0.8%
Avg return
Earnings day
+1.6%
Avg return
5 days after
+2.2%
Avg return
30 days after
56%
10 / 18 earnings
Positive
+5.2%
Q3 2024
Best reaction
-2.3%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +3.5% | +0.6% | -5.1% | |
| Q1 2025 | -0.5% | +3.9% | +8.6% | |
| Q4 2024 | -1.7% | +0.5% | -1.9% | |
| Q3 2024 | +5.2% | +6.5% | +10.6% | |
| Q2 2024 | +3.3% | +2.0% | +5.5% | |
| Q1 2024 | +2.8% | +3.1% | +7.3% | |
| Q4 2023 | +0.6% | +1.7% | +3.9% | |
| Q3 2023 | +0.0% | -0.4% | +3.8% | |
| Q2 2023 | +0.8% | -0.7% | -2.3% | |
| Q1 2023 | -1.2% | -2.2% | +2.7% | |
| Q4 2022 | +2.6% | +4.8% | +0.5% | |
| Q3 2022 | -1.5% | +1.6% | +10.3% | |
| Q2 2022 | +2.2% | +3.4% | +3.2% | |
| Q1 2022 | +2.1% | -0.6% | -1.8% | |
| Q4 2021 | -2.3% | +1.7% | +0.2% | |
| Q3 2021 | -1.2% | +1.2% | -1.0% | |
| Q2 2021 | -0.6% | +0.8% | -0.4% | |
| Q4 2020 | +0.7% | +1.6% | -4.5% |
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