NYSE$SAR

Saratoga Investment Corp · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Announced fiscal second quarter 2022 financial results, highlighting resilience, strength, and historic high NAV per share.

Saratoga Investment Corp. reported a strong second quarter for fiscal year 2022, marked by a historic high NAV per share of $28.97 and solid portfolio performance. The company saw a substantial increase in market activity and focused on maintaining balance sheet and liquidity strength. Key achievements include a LTM return on equity of 14.4%, adjusted NII per share of $0.63, and NAV per share quarterly growth of $0.27, or 1%.

  • NAV per share reached an historic high of $28.97.
  • LTM return on equity was 14.4%.
  • Adjusted NII per share was $0.63.
  • Originations totaled $116 million, outpaced by record repayments of $135 million.

Headline financials

Total Revenue

$18.4M

No prior period
EPS (adj)

$0.63

No prior period
Net Income

$6.4M

No prior period
Operating Income

$7M

No prior period
Cash & Equivalents

$73.3M

No prior period
Total Assets

$666M

No prior period

Revenue & EPS history

Saratoga Investment · Revenue · Quarterly

$18.4M

Q2 2022
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Forward guidance

No specific forward guidance was provided in the earnings report.

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 Q2 2022

Historical avgQ2 2022

-0.2%

Avg return

Earnings day

-1.5%

Avg return

5 days after

+0.6%

Avg return

30 days after

50%

10 / 20 earnings

Positive

+3.9%

Q2 2023

Best reaction

-7.7%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027
Q4 2026-1.3%-5.9%-4.5%
Q3 2026+0.9%+1.9%+3.9%
Q2 2026-4.3%-11.6%-10.5%
Q1 2026+1.4%+0.4%+1.6%
Q4 2025-7.7%-2.3%-1.1%
Q3 2025+0.7%+0.7%+5.0%
Q2 2025-0.3%+2.4%+4.8%
Q1 2025+0.3%+2.9%-1.9%
Q4 2024-0.1%-1.9%+2.0%
Q3 2024+0.2%-9.8%-12.2%
Q2 2024-1.4%-1.7%+1.2%
Q1 2024+0.3%-3.4%-3.2%
Q4 2023-0.1%-0.2%+17.5%
Q3 2023+0.0%+2.3%+0.9%
Q2 2023+3.9%+1.0%+7.1%
Q1 2023-0.3%-1.9%-0.9%
Q4 2022+2.3%+0.7%+3.2%
Q3 2021-0.2%-4.3%-4.8%
Q2 2022+1.7%+1.3%+0.8%
Q4 2021+0.3%-1.3%+3.4%

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