WhiteHorse FinanceNASDAQ: WHF

WhiteHorse (WHF) lacks the necessary factors for a potential earnings surprise in its upcoming report. Be ready with the important expectations.

WhiteHorse Finance (WHF) came out with quarterly earnings of $0.46 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.48 per share a year ago.

WhiteHorse Finance, Inc. (NASDAQ:WHF ) Q3 2023 Results Conference Call November 9, 2023 2:00 PM ET Company Participants Stuart Aronson - CEO Joyson Thomas - CFO Conference Call Participants Jacob Moeller - Rose & Company Melissa Wedel - JP Morgan Mickey Schleien - Ladenburg Robert Dodd - Raymond James Operator Good afternoon. My name is Britney, and I will be your conference operator today.

WhiteHorse (WHF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

WhiteHorse Finance is a business development company that offers loans to private American companies with valuations between $50 million and $350 million. The company's business model is untested in a recessionary environment, making it a speculative play especially considering that it makes loans to companies without good credit ratings. WHF offers a consistent 12% dividend yield and is likely to perform well as long as conditions remain favorable.

We take a look at the action in preferreds and baby bonds through the last week of August and highlight some of the key themes we are watching. Preferreds had a strong week with a nearly 2% return, bringing sector valuation. Investor indignation over two PMT preferreds failing to switch to floating rates sparks debate on fallback options.

WhiteHorse Finance (NASDAQ:WHF ) Q2 2023 Earnings Conference Call August 8, 2023 9:00 AM ET Company Participants Jacob Moeller – Rose & Company Stuart Aronson – Chief Executive Officer Joyson Thomas – Chief Financial Officer Conference Call Participants Sean-Paul Adams – Raymond James Mitchel Penn – Oppenheimer Erik Zwick – Hovde Group Operator Good morning. My name is Mike, and I will be your conference operator today.

WhiteHorse Finance (WHF) came out with quarterly earnings of $0.46 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.34 per share a year ago.

WhiteHorse's dividend yield has moved to 11.5% on the back of a 4% raise for the last declared payout. The business development company recorded a fiscal 2023 first-quarter total investment income increase of 30.6% year-on-year, beating consensus estimates. NAV per share dipped during the BDC's first quarter but the commons are currently swapping hands at a 9% discount to NAV.