Pearl Diver Credit reported a significant Q4 GAAP EPS miss of -$1.81, along with a decline in Net Asset Value per share to $14.42. Despite these challenges, the company showed growth in net investment income to $3.4 million and stable recurring cash flows from CLO investments, reaching $9.8 million. Analysts maintain a “Moderate Buy” rating, expecting the stock price to rise, with price targets around $17.50 to $19.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Pearl Diver Credit Q4 Earnings Report Analysis
Pearl Diver Credit reported a significant Q4 GAAP EPS miss of -$1.81, along with a decline in Net Asset Value per share to $14.42. Despite these challenges, the company showed growth in net investment income to $3.4 million and stable recurring cash flows from CLO investments, reaching $9.8 million. Analysts maintain a “Moderate Buy” rating, expecting the stock price to rise, with price targets around $17.50 to $19.