NASDAQ$SSSS

SuRo Capital Corp · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

Reported financial results for the quarter ended September 30, 2023.

SuRo Capital Corp. reported its financial results for the third quarter of 2023, with net assets totaling approximately $212.0 million, or $8.41 per share. The company made four investments during the quarter and remains active in repurchasing shares.

  • Net assets totaled approximately $212.0 million, or $8.41 per share, at September 30, 2023.
  • Made four investments during the third quarter: two in new portfolio companies and two in follow-on investments.
  • Repurchased 186,493 shares of its common stock for approximately $0.7 million under the Share Repurchase Program.
  • Liquid assets were approximately $105.4 million as of September 30, 2023.

Headline financials

Total Revenue

$1.47M

Previous: -$8.95M+116.4%
EPS (adj)

-$0.11

Previous: -$0.13+15.4%
Net Asset Value Per Share

$8.41

No prior period
Net Income

$25.2M

Previous: -$13.3M+289.1%
Cash & Equivalents

$105M

Previous: $154M-31.7%
Total Assets

$212M

Previous: $222M-4.4%
Stock-Based Comp

$764K

Previous: $713K+7.0%

Revenue & EPS history

SuRo Capital · Revenue · Quarterly

$1.47M

Q3 2023-116.4%vs Q3 2022
Beat estimate in 6 of 11 quarters(55%)
ActualEstimate

Forward guidance

SuRo Capital remains steadfast in its belief there are high-quality opportunities available at attractive prices that allow it to be both opportunistic and judicious with the deployment of capital.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2023

Historical avgQ3 2023

+0.2%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+1.7%

Avg return

30 days after

52%

31 / 60 earnings

Positive

+14.1%

Q2 2021

Best reaction

-18.8%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+5.0%+1.1%+3.1%
Q4 2025+5.8%+7.9%+12.8%
Q3 2025+1.7%+4.1%-3.9%
Q1 2025+2.3%+7.3%+42.1%
Q4 2024+9.9%-0.9%+14.4%
Q3 2024-1.6%-2.5%+17.5%
Q2 2024-1.1%+0.5%+2.1%
Q1 2024+0.5%-0.8%+6.0%
Q4 2023-0.5%+0.0%-8.5%
Q3 2023-3.6%-3.6%+4.6%
Q2 2023-5.3%-5.3%-5.1%
Q1 2023-1.1%-0.3%-3.7%
Q4 2022+0.7%+13.0%+19.5%
Q3 2022-9.7%-0.9%-13.4%
Q2 2022-0.5%+2.3%-7.1%
Q1 2022-0.7%-5.4%-9.8%
Q4 2021-18.8%-24.7%-23.7%
Q3 2021+6.8%+7.9%-16.0%
Q2 2021+14.1%+21.9%+6.1%
Q1 2021+5.5%+2.0%-4.4%
Q4 2020+2.2%+3.4%+16.8%
Q3 2020+14.0%+8.3%+41.7%
Q2 2020+9.5%+1.7%-3.4%
Q1 2020+1.3%-2.4%+4.6%
Q4 2019-15.9%-11.8%+4.8%
Q3 2019+0.4%+0.6%+1.5%
Q2 2019+2.4%-2.8%-1.9%
Q1 2019+3.8%-3.3%-5.7%
Q4 2018+1.2%+4.0%-4.9%
Q3 2018+2.7%-0.6%-9.1%
Q2 2018+2.5%+5.1%+2.2%
Q1 2018-1.5%+0.1%-1.2%
Q4 2017-2.4%-6.5%-17.5%
Q3 2017+2.0%+7.7%+4.4%
Q2 2017+12.8%+13.0%+23.7%
Q1 2017-1.1%+0.0%+0.0%
Q4 2016-13.8%-11.9%-15.3%
Q3 2016+2.0%+9.1%+8.7%
Q2 2016-1.2%-4.0%-16.4%
Q1 2016+0.0%
Q4 2015-3.5%
Q3 2015+3.4%
Q2 2015-1.6%
Q1 2015+0.7%
Q4 2014-2.4%
Q3 2014-1.2%
Q2 2014+3.3%
Q1 2014-0.7%
Q4 2013+0.8%
Q3 2013-1.0%
Q2 2013+4.8%
Q1 2013-3.1%
Q4 2012-6.6%
Q3 2012-7.0%
Q2 2012-1.3%
Q1 2012-6.8%
Q4 2011+1.7%
Q3 2011+4.1%
Q2 2011+0.4%
Q1 2011-4.6%

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