Carlyle Secured Lending Reports Lower Profit in Q4 Results

Carlyle Secured Lending's Q4 profit declines due to weak investment income. The company reported net income of $20.48 million or $0.40 per share, which is a decrease from the previous year's figures.

Date: 26-02-2025

AI Rating: 5

Net Income and Earnings Per Share (EPS)
Carlyle Secured Lending's net income has decreased from $28.72 million ($0.57 per share) in the same quarter last year to $20.48 million ($0.40 per share) this year. This indicates a significant drop in profitability which could negatively affect investor sentiment.

Net Investment Income and Revenue Growth
The report shows that the company’s net investment income declined to $24.17 million ($0.47 per share) from $28.24 million ($0.56 per share) in the prior-year quarter, leading to concerns about revenue generation and overall growth.

Total Investment Income
Carlyle Secured Lending reported total investment income of $56.35 million in the fourth quarter, down from $62.69 million in the last-year period, further emphasizing the struggle in maintaining revenue streams.

Dividends Declared
The company's Board of Directors has declared a base quarterly dividend of $0.40 per share along with a supplemental dividend of $0.05 per share. The fact that dividends are being maintained may provide some reassurance to investors despite the lower profits, signaling confidence in liquidity, but the decline in income presents risk to future dividend sustainability.

Stocks: CGBD