NASDAQ$WHF
Whitehorse Finance Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
WhiteHorse Finance generated core net investment income exceeding its regular dividend despite portfolio challenges.
WhiteHorse Finance reported net investment income of $9.154 million, or $0.394 per share, for the third quarter of 2024. The company's investment portfolio had a fair value of $654.3 million. A distribution of $0.385 per share was declared for the quarter.
- Generated core net investment income in excess of the regular dividend.
- Working to optimize outcomes for specific credit challenges within the portfolio.
- Selectively investing in credits with positive free cash flow, limited cyclicality, and strong owners.
- Declared a distribution of $0.385 per share for the quarter ended September 30, 2024.
Headline financials
Revenue & EPS history
Whitehorse Finance · Revenue · Quarterly
-$1.27M
Forward guidance
The company remains focused on certain segments of the lending market where they believe they have a competitive advantage and are selectively investing in credits with positive free cash flow, limited cyclicality, and strong owners.
Tailwinds
- Focused on segments of the lending market with a competitive advantage.
- Selectively investing in credits with positive free cash flow.
- Prioritizing investments in companies with limited cyclicality.
- Targeting companies with strong owners.
- Adhering to rigorous underwriting standards.
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 2024
-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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