WhiteHorse Finance (NASDAQ:WHF ) Q1 2025 Earnings Conference Call May 13, 2025 4:30 PM ET Company Participants Robert Brinberg - President, Rose & Company Stuart Aronson - Chief Executive Officer Joyson Thomas - Chief Financial Officer Conference Call Participants Melissa Wedel - JPMorgan Robert Dodd - Raymond James Operator Good afternoon. My name is Margo, and I'll be your conference operator today.
WhiteHorse Finance (WHF) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.47 per share a year ago.
WhiteHorse Finance continues to struggle with deteriorating portfolio quality and lower earnings, leading to a maintained sell rating. WHF's price declined nearly 20% over the past year, with total returns at negative 6.78%, and dividend sustainability is questionable. Despite trading at a discount to NAV, WHF's poor performance and high non-accrual rates make it less attractive compared to peers.
Call Start: 14:00 January 1, 0000 2:33 PM ET WhiteHorse Finance (NASDAQ:WHF ) Q4 2024 Earnings Conference Call March 07, 2025 02:00 PM ET Company Participants Robert Brinberg - President, Rose & Company Stuart Aronson - CEO Joyson Thomas - CFO Conference Call Participants Mickey Schleien - Ladenburg Sean-Paul Adams - Raymond James Melissa Wedel - JPMorgan Operator Good afternoon. My name is David, and I will be your conference operator today.
WhiteHorse Finance (WHF) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.46 per share a year ago.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
WhiteHorse Finance (NASDAQ:WHF ) Q3 2024 Earnings Conference Call November 7, 2024 11:30 AM ET Company Participants Robert Brinberg - President-Rose & Company Stuart Aronson - Chief Executive Officer Joyson Thomas - Chief Financial Officer. Conference Call Participants Melissa Wedel - JPMorgan Robert Dodd - Raymond James Bryce Rowe - B.
WhiteHorse Finance (WHF) came out with quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.46 per share a year ago.
WhiteHorse Finance's earnings and portfolio quality are deteriorating due to sensitivity to elevated interest rates, impacting net investment income and distribution coverage. WHF's non-accrual rate has increased to 5.7%, indicating portfolio weakness and raising concerns about management's underwriting capabilities. Despite a high dividend yield of 13%, weakened distribution coverage and declining NAV per share reduce confidence in sustaining current distribution rates.