NASDAQ$WHF

Whitehorse Finance Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Whitehorse Finance reported fourth quarter earnings with a new company record in loan origination and reached target leverage.

WhiteHorse Finance announced its financial results for the year ended December 31, 2020. The company's fourth quarter origination volume set a new company record and enabled it to reach its target leverage of 1.25x.

  • Originated 16 first lien loans financed partially through $60 million unsecured notes.
  • Fourth quarter origination volume set a new company record.
  • Reached target leverage of 1.25x.
  • Investment portfolio fair value was $690.7 million.

Headline financials

Total Revenue

$16.8M

No prior period
EPS (adj)

$0.35

No prior period
Portfolio Yield

9.9%

No prior period
Net Income

$8.2M

No prior period
Cash & Equivalents

$15.9M

No prior period

Revenue & EPS history

Whitehorse Finance · Revenue · Quarterly

$16.8M

Q4 2020
Beat estimate in 4 of 12 quarters(33%)
ActualEstimate

Forward guidance

The Company’s board of directors has declared a distribution of $0.355 per share with respect to the quarter ending March 31, 2021. The distribution will be payable on April 5, 2021 to stockholders of record as of March 26, 2021.

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 Q4 2020

Historical avgQ4 2020

-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

Earnings price reactions
QuarterReport dateReaction (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

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro