NYSE$TSLX

Sixth Street Specialty Lending Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Reported first quarter results, declaring a second quarter base dividend and a first quarter supplemental dividend.

Sixth Street Specialty Lending, Inc. reported a net investment income of $0.53 per share and a net income of $0.65 per share for Q1 2023. Adjusted net investment income was $0.55 per share, and adjusted net income was $0.67 per share. The company's NAV per share was $16.59 at the end of the quarter.

  • Net investment income per share was $0.53, and adjusted net investment income per share was $0.55.
  • Net income per share was $0.65, and adjusted net income per share was $0.67.
  • NAV per share was $16.59, and adjusted NAV per share was $16.55.
  • The company declared a second quarter base dividend of $0.46 per share and a first quarter supplemental dividend of $0.04 per share.

Headline financials

Total Revenue

$4.81M

Previous: $67.4M-92.9%
EPS (adj)

$0.55

Previous: $0.49+12.2%
Net Asset Value Per Share

$16.59

No prior period
Yield at Fair Value

13.9%

No prior period
Yield at Amortized Cost

13.9%

No prior period
Debt-to-Equity Ratio

1.2

No prior period
Adjusted Net Asset Value Per Share

$16.55

No prior period
Free Cash Flow

$53M

No prior period
Net Income

$53M

Previous: $40.9M+29.5%
Operating Income

-$48.6M

No prior period
Gross Profit

$4.81M

No prior period
Cash & Equivalents

$25.7M

Previous: $23.5M+9.5%
Total Assets

$2.97B

Previous: $2.49B+19.3%

Revenue & EPS history

Sixth Street · Revenue · Quarterly

$4.81M

Q1 2023-92.9%vs Q1 2022
Beat estimate in 4 of 13 quarters(31%)
ActualEstimate

Forward guidance

The company did not provide any forward guidance 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 Q1 2023

Historical avgQ1 2023

+0.9%

Avg return

Earnings day

-1.1%

Avg return

5 days after

-0.5%

Avg return

30 days after

68%

13 / 19 earnings

Positive

+4.6%

Q3 2023

Best reaction

-4.4%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.8%-11.3%-11.8%
Q4 2025-4.4%-4.3%-11.5%
Q3 2025-1.4%-6.4%-1.6%
Q1 2025-0.6%-0.9%+11.5%
Q4 2024+2.2%+2.9%-3.0%
Q3 2024+1.0%+1.3%+7.2%
Q2 2024-0.8%-5.0%+1.1%
Q1 2024-3.7%-3.0%+1.5%
Q4 2023+1.9%+1.6%-2.8%
Q3 2023+4.6%+2.9%+6.3%
Q2 2023+4.5%+2.5%+1.4%
Q1 2023+0.4%-2.6%+4.3%
Q4 2022+3.2%+0.3%-9.4%
Q3 2022+0.2%+1.2%+3.2%
Q2 2022-0.5%-0.6%-2.8%
Q1 2022+1.7%-0.2%-3.7%
Q4 2021+1.7%+0.0%-4.0%
Q3 2021+0.3%+1.5%+0.4%
Q4 2020+3.1%-0.1%+3.6%

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