NASDAQ$WHF
Whitehorse Finance Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Announced third quarter 2023 earnings results and declared increased quarterly distribution.
WhiteHorse Finance reported a net investment income of $10.813 million, or $0.465 per share, for the quarter ended September 30, 2023. The board of directors approved an increase in the quarterly distribution to $0.385 per share. Core net investment income increased by 25% compared to the third quarter of 2022.
- Base management fee rate decreased to 1.75%, effective January 1, 2024.
- Quarterly distribution increased to $0.385 per share.
- Completed a public offering of 7.875% 2028 Notes in the aggregate principal amount of $34.5 million in August 2023.
- Net investment income and core net investment income was $10.813 million, or $0.465 per share.
Headline financials
Revenue & EPS history
Whitehorse Finance · Revenue · Quarterly
-$1.18M
Forward guidance
The Company's board of directors has declared a distribution of $0.385 per share with respect to the quarter ending December 31, 2023. The distribution will be payable on January 3, 2024 to stockholders of record as of December 20, 2023.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2023
-0.4%
Avg return
Earnings day
-0.1%
Avg return
5 days after
-0.0%
Avg return
30 days after
47%
9 / 19 earnings
Positive
+6.0%
Q4 2025
Best reaction
-6.2%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.5% | -4.6% | -12.2% | |
| Q4 2025 | +6.0% | +17.8% | +12.9% | |
| Q3 2025 | -5.2% | -1.0% | +7.5% | |
| Q1 2025 | +0.8% | -1.1% | -0.4% | |
| Q4 2024 | -4.5% | -5.5% | -14.4% | |
| Q3 2024 | -5.4% | -9.5% | -9.7% | |
| Q2 2024 | -2.4% | -2.6% | +1.9% | |
| Q1 2024 | +1.3% | +0.4% | +2.0% | |
| Q4 2023 | -0.2% | +0.5% | -0.2% | |
| Q3 2023 | -1.1% | -0.2% | +1.6% | |
| Q2 2023 | -6.2% | -5.8% | -4.4% | |
| Q1 2023 | +5.2% | +5.5% | +15.3% | |
| Q4 2022 | +2.3% | +0.4% | -5.2% | |
| Q3 2022 | +1.6% | +4.9% | +7.3% | |
| Q2 2022 | +1.1% | +6.0% | -2.3% | |
| Q1 2022 | -2.1% | -6.0% | -3.9% | |
| Q4 2021 | -1.8% | -3.6% | -1.0% | |
| Q3 2021 | +0.7% | -0.1% | +0.7% | |
| Q4 2020 | +2.3% | +2.2% | +3.8% |
Discussion
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