Monroe Capital reports Q3 adjusted EPS 25c, consensus 27c

Reports Q3 NAV per share $9.58. CEO Theodore Koenig commented, “We are pleased to report that for the 14th consecutive quarter, our Adjusted Net Investment Income once again covered our dividend. We continue to believe that the current market environment offers compelling tailwinds and opportunities for direct lenders. As we look ahead into the end of 2023 and beginning of 2024, we will continue to focus on portfolio credit quality while maximizing Adjusted Net Investment Income and generating strong risk-adjusted returns for our shareholders.”