Eagle Point: 3Q Earnings Snapshot
GREENWICH, Conn. (AP) _ Eagle Point Credit Co. (ECC) on Wednesday reported profit of $11.2 million in its third quarter.
The Greenwich, Connecticut-based company said it had profit of 50 cents per share. Earnings, adjusted for investment gains, came to 40 cents per share.
The management investment company posted revenue of $17.5 million in the period.
Eagle Point shares have dropped 7 percent since the beginning of the year. The stock has dropped 8 percent in the last 12 months.