From Alphastreet - Earnings Decoded. Market Intelligence Delivered · AlphaStreet Newsdesk · · 1m
Saratoga Investment Q2 2027 Earnings Miss
Saratoga Investment Corp. reports $0.46 EPS, missing $0.56 estimates by 17.9%.
In brief
Saratoga Investment Corp. reports $0.46 EPS, missing $0.56 estimates by 17.9%. Saratoga Investment Corp. reported adjusted earnings per share of $0.46 for Q2 2027, falling short of analyst expectations by 17.9%. Originally reported by Alphastreet - Earnings Decoded. Market Intelligence Delivered.
Q2 2027 Earnings Report
Saratoga Investment Corp. delivered adjusted earnings per share of $0.46, missing analyst expectations of $0.56 by 17.9%.
Net Loss of $6.7M
The company reported a net loss of $6.7 million, compared to a profit of $13.3 million in Q2 2026.
Stock Price Drop
Shares fell 4.4% to $15.11, reflecting investor concerns about the company's earnings trajectory.
Margin Compression
The business saw severe margin compression, extending beyond typical cyclical pressures in the market.
Capital Structure Adjustments
Management noted $13.3 million of $25.9 million NAV decline from share repurchases, reducing spillover obligations.
CLO Refinancing Impact
The $350 million CLO refinancing reduced fee-generating assets by 46%, causing profitability compression.
What to remember
Saratoga Investment Corp. reported adjusted earnings per share of $0.46 for Q2 2027, falling short of analyst expectations by 17.9%.
