Ford Motor Company F will release earnings results for the first quarter, after the closing bell on Monday, May 5.Analysts expect the Dearborn, Michigan-based company to report quarterly earnings at 2 cents per share, down from 49 cents per share in the year-ago period. Ford projects to report quarterly revenue at $35.79 billion, compared to $39.89 billion a year earlier, according to data from Benzinga Pro.Ford Motor has reportedly terminated the development of an advanced electrical architecture that powe ...

Shares of Rexford Industrial Realty (REXR 3.53%) tumbled 12.4% in April, according to data from S&P Global Market Intelligence. Weighing on the real estate investment trust (REIT) was tariff-driven volatility in the market and its first-quarter financial results. Tariffs drive uncertaintyLast month, the Trump administration surprised the market by launching unexpectedly high reciprocal tariffs on global trading partners to help rebalance trade. They caused significant market volatility as stock prices tumbl ...

WINNEBAGO, Ill., May 01, 2025 (GLOBE NEWSWIRE) -- Foresight Financial Group is proud to announce the successful legal consolidation of its six community banks—German American State Bank, Northwest Bank of Rockford, State Bank of Freeport, Lena State Bank, State Bank of Davis, and State Bank of Herscher—into a single charter under the new name Foresight Bank. Each location will continue to operate under its familiar name, now proudly as a division of Foresight Bank. This unification marks an important milest ...

Ford pays a generous dividend yield while trading at a modest P/E ratio.The countdown has begun. In just five days, on Monday, May 5, Ford Motor Company (F 2.35%) will report its Q1 2025 earnings, and attempt to repeat the earnings beat that archrival General Motors turned in this past Tuesday. Can Ford do it?Ford Q1 earningsIt shouldn't be hard. According to analysts polled by Yahoo! Finance, Ford only needs to earn a bare $0.02 per share to meet expectations next week, a much lower bar than the $0.49 per ...

Ford (F) is slated to release first-quarter 2025 results on May 5, after market close. The Zacks Consensus Estimate for the to-be-reported quarter’s EPS and automotive revenues is pegged at breakeven and $35.5 billion, respectively.The earnings estimate for the to-be-reported quarter has moved up by 2 cents over the past seven days. In the year-ago period, the company reported EPS of 49 cents. The Zacks Consensus Estimate for quarterly revenues suggests an 11% decline from the year-ago quarter’s figure. Ima ...

At PropNotes, we focus on finding high-yield investment opportunities for individual investors.With our background in professional Prop Trading, we make complex concepts easy to understand and offer clear, actionable advice to help you achieve better returns.All of the analysis we produce is designed to help you make smart decisions in the market, backed by expert research you won't find elsewhere.Follow us today and take control of your portfolio.Analyst’s Disclosure: I/we have no stock, option or similar ...

Group 1: Microsoft - Microsoft shares increased by 7% in premarket trading following strong FQ3 results, with Azure revenue growth of 33%, surpassing market expectations of 31% [3] - The company reported a 20% year-over-year rise in Microsoft Cloud revenue and forecasted continued strength in its cloud and AI businesses through Q4 and into fiscal 2026 [3] Group 2: Meta Platforms - Meta Platforms' shares rose by 5% after reporting a robust Q1 performance, with revenue increasing by 16% year-over-year and profits surging by 35% [4] - The operating margin expanded to 41% from 38% a year earlier, with CEO Mark Zuckerberg highlighting strong business momentum and advancements in AI [4] - Daily active users on the Family of Apps grew by 6% to 3.43 billion, exceeding expectations, while ad impressions rose by 5% year-over-year and the average price per ad increased by 10% [4] Group 3: Tesla - Tesla's board chair Robyn Denholm refuted reports of a CEO search, asserting confidence in Elon Musk's leadership [6] - Analyst Dan Ives suggested that the board's statement was a warning regarding recent issues but believes Musk will remain CEO for at least another five years [7] Group 4: Tools for Humanity - Tools for Humanity, co-founded by OpenAI CEO Sam Altman, is launching biometric ID technology in six U.S. cities, including San Francisco and Los Angeles [8] - The initiative aims to create a global identity system through iris scanning in exchange for cryptocurrency and digital IDs [8] - Partnerships with Visa and Match Group were also announced to enhance the project's reach [9] Group 5: Amazon - Amazon shares climbed by 4% after announcing a $4 billion investment to expand its rural delivery network across small-town America [11] - The investment aims to improve delivery speed and reach, with earnings expected to be reported later [11]

And that reason is different (but related) for these two auto-making giants.Automakers operate in a capital-intensive industry with fierce competition. While Ford Motor Company (F -1.53%) and General Motors (GM -3.50%) have had their stocks beaten down over uncertainty about the potential effects of threatened and imposed tariffs both here and abroad, they are also spending billions to develop electric vehicles and are struggling in overseas markets like China.Despite the multiple headwinds, there are still ...

[PART I. FINANCIAL INFORMATION](index=4&type=section&id=PART%20I.%20FINANCIAL%20INFORMATION) Presents the unaudited financial statements and management's discussion and analysis for the first quarter of 2025 [Financial Statements](index=4&type=section&id=Item%201.%20Financial%20Statements) Presents unaudited financial statements for Q1 2025, showing a decrease in net assets to $148.9 million and NAV per share to $2.09 [Statements of Assets and Liabilities](index=4&type=section&id=Statements%20of%20Assets%20and%20Liabilities) Reports total assets of $285.5 million and net assets of $148.9 million as of March 31, 2025, with NAV per share declining to $2.09 Statements of Assets and Liabilities (Unaudited) | Metric | March 31, 2025 ($) | December 31, 2024 ($) | | :--- | :--- | :--- | | **Total Assets** | 285,490,638 | 299,730,974 | | **Total Liabilities** | 136,608,328 | 139,065,494 | | **Total Net Assets** | 148,882,310 | 160,665,480 | | **Net Asset Value (NAV) per Share** | 2.09 | 2.30 | [Schedule of Investments (as of March 31, 2025)](index=5&type=section&id=Schedule%20of%20Investments%20as%20of%20March%2031%2C%202025%20%28Unaudited%29) Details the investment portfolio with a fair value of $243.2 million, primarily in Senior Secured Notes (60.6%) and CLO Equity (37.5%) Portfolio Composition by Fair Value (March 31, 2025) | Investment Type | Fair Value ($) | % of Net Assets | | :--- | :--- | :--- | | Senior Secured Notes | 147,337,396 | 99.0% | | CLO Equity Investments | 91,331,433 | 61.3% | | Common Stock | 622,538 | 0.4% | | Preferred Stock | 3,890,986 | 2.6% | | **Total Investments** | **243,182,353** | **163.3%** | - The total cost of investments was **$359.6 million**, resulting in a net unrealized depreciation of **$116.4 million**[26](index=26&type=chunk) - The portfolio includes affiliated investments in UniTek Global Services, Inc. with a fair value of approximately **$3.9 million**[34](index=34&type=chunk) [Schedule of Investments (as of December 31, 2024)](index=17&type=section&id=Schedule%20of%20Investments%20as%20of%20December%2031%2C%202024) Presents the investment portfolio as of December 31, 2024, with a fair value of $260.9 million, primarily in Senior Secured Notes (57.8%) and CLO Equity (40.1%) Portfolio Composition by Fair Value (December 31, 2024) | Investment Type | Fair Value ($) | % of Net Assets | | :--- | :--- | :--- | | Senior Secured Notes | 150,686,777 | 93.8% | | CLO Equity Investments | 104,594,232 | 65.1% | | Common Stock | 957,750 | 0.6% | | Preferred Stock | 4,614,100 | 2.9% | | **Total Investments** | **260,852,859** | **162.4%** | [Statements of Operations](index=30&type=section&id=Statements%20of%20Operations) Reports total investment income of $10.2 million and a net decrease in net assets from operations of $8.1 million for Q1 2025 Operational Results (Three Months Ended March 31) | Metric | 2025 ($) | 2024 ($) | | :--- | :--- | :--- | | Total Investment Income | 10,161,050 | 10,677,424 | | Total Expenses | 4,057,176 | 4,139,868 | | **Net Investment Income** | **6,103,874** | **6,537,556** | | Net Realized Losses | (12,158,495) | (8,094,940) | | Net Change in Unrealized Depreciation | (2,066,896) | (211,006) | | **Net Decrease in Net Assets from Operations** | **(8,121,517)** | **(1,768,390)** | | Net Investment Income per Share | 0.09 | 0.11 | | Net Decrease in Net Assets from Operations per Share | (0.12) | (0.03) | [Statements of Changes in Net Assets](index=31&type=section&id=Statements%20of%20Changes%20in%20Net%20Assets) Details a $11.8 million decrease in net assets for Q1 2025, ending at $148.9 million, driven by operational losses and distributions Changes in Net Assets (Three Months Ended March 31) | Metric | 2025 ($) | 2024 ($) | | :--- | :--- | :--- | | Net Decrease from Operations | (8,121,517) | (1,768,390) | | Distributions to Stockholders | (7,349,702) | (6,263,108) | | Net Increase from Capital Share Transactions | 3,688,049 | 1,062,696 | | **Total Decrease in Net Assets** | **(11,783,170)** | **(6,968,802)** | | Net Assets at Beginning of Period | 160,665,480 | 151,308,625 | | **Net Assets at End of Period** | **148,882,310** | **144,339,823** | [Statements of Cash Flows](index=32&type=section&id=Statements%20of%20Cash%20Flows) Shows net cash provided by operating activities of $6.0 million and a net increase in cash and cash equivalents of $2.3 million for Q1 2025 Cash Flow Summary (Three Months Ended March 31) | Activity | 2025 ($) | 2024 ($) | | :--- | :--- | :--- | | Net Cash Provided by Operating Activities | 5,987,857 | 20,293,981 | | Net Cash Used in Financing Activities | (3,661,653) | (5,127,844) | | **Net Increase in Cash and Cash Equivalents** | **2,326,204** | **15,166,137** | | Cash and Cash Equivalents, Beginning of Period | 34,926,468 | 5,740,553 | | **Cash and Cash Equivalents, End of Period** | **37,252,672** | **20,906,690** | [Notes to Financial Statements](index=33&type=section&id=Notes%20to%20Financial%20Statements%20%28Unaudited%29) Provides detailed explanations of accounting policies, investment valuation, borrowings, related party transactions, and financial highlights [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=62&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses Q1 2025 financial condition and results, covering investment objectives, portfolio changes, income drivers, and liquidity [Overview](index=63&type=section&id=Overview) Outlines the company's investment objective to maximize total return through corporate debt and CLO investments as a BDC and RIC - The primary investment focus is on corporate debt securities and CLO investments to seek an attractive risk-adjusted total return[217](index=217&type=chunk) - As of March 31, 2025, the weighted average annualized yield on debt investments was approximately **14.31%**[219](index=219&type=chunk)[221](index=221&type=chunk) - The company utilizes leverage, which magnifies potential gains and losses, exposing it to increased risk[222](index=222&type=chunk) [Portfolio Composition and Investment Activity](index=66&type=section&id=Portfolio%20Composition%20and%20Investment%20Activity) Details the investment portfolio's decrease to $243.2 million, driven by sales and losses, with new acquisitions partially offsetting Portfolio Reconciliation (in millions) | | Three Months Ended March 31, 2025 ($) | | :--- | :--- | | Beginning investment portfolio | 260.9 | | Portfolio investments acquired | 16.0 | | Debt repayments | (8.7) | | Sales of securities | (10.7) | | Reductions to CLO equity cost value | (1.7) | | Net change in unrealized depreciation | (2.1) | | Net realized losses on investments | (12.2) | | **Ending investment portfolio** | **243.2** | Portfolio Composition by Asset Class (Fair Value) | Asset Class | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Senior Secured Notes | $147.3M (60.6%) | $150.7M (57.8%) | | CLO Equity | $91.3M (37.5%) | $104.6M (40.1%) | | Equity and Other Investments | $4.5M (1.9%) | $5.6M (2.1%) | | **Total** | **$243.2M (100.0%)** | **$260.9M (100.0%)** | - As of March 31, 2025, qualifying assets under the 1940 Act represented **67.1%** of total assets, below the **70.0%** requirement to acquire new non-qualifying assets[247](index=247&type=chunk) [Portfolio Grading](index=69&type=section&id=Portfolio%20Grading) Describes the debt portfolio's credit grading, with a weighted average grade of 2.2 and **81.4%** of fair value in Grade 2 Debt Portfolio Grading (by Fair Value, March 31, 2025) | Grade | Summary Description | Fair Value ($M) | % of Debt Portfolio | | :--- | :--- | :--- | :--- | | 1 | Ahead of expectations | — | —% | | 2 | Full repayment expected | 119.9 | 81.4% | | 3 | Closer monitoring required | 27.4 | 18.6% | | 4 | Loss of interest expected | — | —% | | 5 | Loss of principal expected | — | —% | | **Total** | | **147.3** | **100.0%** | [Results of Operations](index=70&type=section&id=Results%20of%20Operations) Analyzes Q1 2025 operational results, showing decreased investment income of $10.2 million and a net decrease in net assets of $8.1 million Investment Income Components (Three Months Ended March 31) | Income Source | 2025 ($) | 2024 ($) | | :--- | :--- | :--- | | Total Interest Income | 5,534,755 | 6,421,047 | | Income from Securitization | 3,956,053 | 3,932,374 | | Total Other Income | 670,242 | 324,003 | | **Total Investment Income** | **10,161,050** | **10,677,424** | - As of March 31, 2025, the company had no debt investments on non-accrual status, compared to six investments on non-accrual status in the prior year[258](index=258&type=chunk) - Net realized losses for Q1 2025 were approximately **$12.2 million**. Net unrealized depreciation was **$2.1 million**, with significant depreciation in CLO investments like BlueMountain CLO XXXI and Dryden 43, partially offset by appreciation in Alvaria, Inc[271](index=271&type=chunk)[272](index=272&type=chunk) [Liquidity and Capital Resources](index=74&type=section&id=Liquidity%20and%20Capital%20Resources) Details liquidity with $37.3 million cash, $125.3 million in debt, and an asset coverage ratio of **218%** as of March 31, 2025 - Cash and cash equivalents increased to **$37.3 million** from **$34.9 million** at year-end 2024[278](index=278&type=chunk) Contractual Obligations (as of March 31, 2025) | Contractual obligations (in millions) | Principal Amount ($) | Less than 1 year ($) | 1 – 3 years ($) | 3 – 5 years ($) | | :--- | :--- | :--- | :--- | :--- | | 6.25% Unsecured Notes | 44.8 | — | 44.8 | — | | 5.50% Unsecured Notes | 80.5 | — | — | 80.5 | | **Total** | **125.3** | **—** | **44.8** | **80.5** | - The company's asset coverage ratio for borrowed amounts was **218%** as of March 31, 2025, exceeding the required **150%**[283](index=283&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=81&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) Discusses the company's primary exposure to interest rate risk and provides a sensitivity analysis on investment income Hypothetical Impact of Interest Rate Changes on Investment Income | Hypothetical Change in Base Rates | Estimated Percentage Change in Investment Income | | :--- | :--- | | Up 300 basis points | 13.5% | | Up 200 basis points | 9.0% | | Up 100 basis points | 4.5% | | Down 100 basis points | (4.5)% | | Down 200 basis points | (8.9)% | | Down 300 basis points | (13.2)% | - The company may use hedging instruments like futures and options in the future to mitigate interest rate risk, though none are currently in use[302](index=302&type=chunk) [Controls and Procedures](index=81&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective, with no material changes to internal control over financial reporting - The CEO and CFO concluded that disclosure controls and procedures were effective as of the end of the period[305](index=305&type=chunk) - No material changes to internal control over financial reporting occurred during the quarter ended March 31, 2025[307](index=307&type=chunk) [PART II. OTHER INFORMATION](index=83&type=section&id=PART%20II.%20OTHER%20INFORMATION) Provides disclosures on legal proceedings, risk factors, equity sales, and other general information [Legal Proceedings](index=83&type=section&id=Item%201.%20Legal%20Proceedings) The company is not currently subject to any material legal proceedings - As of the report date, the company is not subject to any material legal proceedings[310](index=310&type=chunk) [Risk Factors](index=83&type=section&id=Item%201A.%20Risk%20Factors) No material changes to the company's risk factors were reported for the quarter - No material changes to risk factors were reported for the three months ended March 31, 2025[311](index=311&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=83&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) Details the issuance of 87,090 common shares valued at $223,000 through the distribution reinvestment plan in Q1 2025 - Issued **87,090** shares of common stock valued at approximately **$223,000** under the distribution reinvestment plan during Q1 2025[312](index=312&type=chunk) - No common stock was repurchased by the Company during the three months ended March 31, 2025[313](index=313&type=chunk) [Defaults Upon Senior Securities](index=83&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) No defaults upon senior securities were reported - None[314](index=314&type=chunk) [Other Information](index=83&type=section&id=Item%205.%20Other%20Information) No directors or officers adopted or terminated Rule 10b5-1 trading plans during the fiscal quarter - No directors or officers adopted or terminated any Rule 10b5-1 trading plans during the quarter[316](index=316&type=chunk) [Exhibits](index=84&type=section&id=Item%206.%20Exhibits) Lists exhibits filed with the report, including CEO and CFO certifications

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