BlackRock and MSC's bid for most of CK Hutchison's global port operations faces a hurdle in Europe with EU antitrust regulators set to investigate the Spanish portion of the deal, a person with direct knowledge of the matter said on Thursday.
MSC Income Fund, Inc. offers an attractive blend of high income and undervaluation, trading at a 15–16% discount to NAV. MSIF's dividend yield approaches 11%, with dividends well covered by net investment income and low nonaccruals, supporting income reliability. The portfolio is focused on private, sponsor-backed loans, maintaining conservative leverage and benefiting from lower expenses and insider confidence.
MSC Income Fund, Inc. ( MSIF ) Q3 2025 Earnings Call November 14, 2025 10:00 AM EST Company Participants Zach Vaughan Dwayne Hyzak - CEO & Chairman of the Board Nicholas Meserve - Managing Director David Magdol - President & Chief Investment Officer Cory Gilbert - CFO & Treasurer Conference Call Participants Robert Dodd - Raymond James & Associates, Inc., Research Division Brian Mckenna - Citizens JMP Securities, LLC, Research Division Kenneth Lee - RBC Capital Markets, Research Division Arren Cyganovich - Truist Securities, Inc., Research Division Paul Johnson - Keefe, Bruyette, & Woods, Inc., Research Division Douglas Harter - UBS Investment Bank, Research Division Mickey Schleien - Clear Street LLC Presentation Operator Greetings, and welcome to the MSC Income Fund Third Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
Shares in easyJet PLC (LSE:EZJ) flew to the top of the FTSE 100 leaderboard on Tuesday on an Italian report that suggested Mediterranean Shipping Co (MSC) is interested in a bid. Italy's Corriere della Sera reported that the shipping giant is mulling an investment or full control of the UK budget airline.
MSC Industrial Direct has seen recent share price gains, driven by an attractive dividend yield and solid return on equity. Despite declining earnings in fiscal 2025, MSM is expected to return to double-digit earnings growth starting in fiscal 2026. The stock is rated a Buy based on fair valuation, intrinsic value, and improving productivity, though Wall Street consensus is Hold.
MSC Income Fund, Inc. (NYSE:MSIF ) Q2 2025 Earnings Conference Call August 14, 2025 10:00 AM ET Company Participants Cory Elvan Gilbert - CFO & Treasurer David L. Magdol - President & Chief Investment Officer Dwayne Louis Hyzak - CEO & Chairman of the Board Nicholas T.
Revenue recovery from digital growth, high-touch solutions (In-Plant + vending), and improving SMB segment. Margin upside from price hikes, cost savings, and better operating leverage. Attractive valuation vs. peers with solid 3.89% dividend yield.
MSM beats Q3 EPS estimates as gross margin improves, but revenue and daily sales slip year over year.
MSC Industrial Direct is set up attractively for Q3 earnings, with macro improvements and easing tariffs likely to boost revenue and margins. Sequential revenue declines are moderating, and I expect a return to positive growth by Q4 as demand stabilizes and pricing actions take effect. High-touch solutions and digital investments are gaining traction, positioning the company for long-term revenue upside as industrial demand recovers.
MSC Income Fund remains a hold due to economic uncertainty, short track record, and premium valuation despite solid management and fundamentals. Earnings showed mixed results: higher net investment income but declining total investment income and increased non-performing loans, raising caution. Dividend coverage is solid for now, but potential rate cuts and economic headwinds could pressure payouts and share price in coming quarters.
MSC Income Fund, Inc. (NYSE:MSIF ) Q1 2025 Earnings Conference Call May 13, 2025 10:00 AM ET Company Participants Zach Vaughan - IR Dwayne Hyzak - CEO Nick Meserve - MD and Head, Private Credit Investment Group David Magdol - President and CIO Cory Gilbert - CFO Conference Call Participants Mark Hughes - Truist Securities Kenneth Lee - RBC Capital Markets Cory Johnson - UBS Operator Greetings and welcome to MSC Income Fund First Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode.
MSM's average daily sales fall 4.7% year over year in the fiscal second quarter.