OFS Credit Company, Inc. today provided an unaudited estimate for its net asset value (NAV) per share as of May 31, 2026. The company, which primarily invests in collateralized loan obligation (CLO) equity and debt securities, indicated that the NAV per share of its common stock is estimated to fall between $3.56 and $3.66.

Management emphasized that this estimate is not a comprehensive statement of the company's financial condition or results for the month ended May 31, 2026. The preliminary data has not been subject to the company's typical quarter-end financial closing procedures. Consequently, OFS Credit advised that current estimates may differ materially from future NAV determinations, including the final figure for the period ending July 31, 2026, which will be reported in its monthly report on Form N-PORT.

The company highlighted that its financial condition and results of operations could be materially impacted by events occurring after May 31, 2026. Specific risks cited include adverse effects from interest rate and inflation rate changes, geopolitical conflicts such as the war between Russia and Ukraine and tensions in the Middle East, and instability in the U.S. and international banking systems. Additional factors mentioned include the agenda of the U.S. Presidential administration, trade disputes, and the risk of recession.

The preliminary financial data included in the release is the responsibility of OFS Credit's management. KPMG LLP has not audited, reviewed, compiled, or applied agreed-upon procedures to this data and does not express any opinion or assurance regarding it. OFS Credit is a non-diversified, externally managed closed-end management investment company advised by OFS Capital Management, LLC.

OFS Credit Co reported adjusted earnings per share of $0.19 for the second quarter, missing the analyst consensus estimate of $0.30 by 36.67%. This represents a 48.65% decrease compared to earnings of $0.37 per share in the same period last year. The company's financial performance also showed a decline in revenue, with quarterly sales falling 10.17% year-over-year to $9.202 million.

The sales figure missed the analyst consensus estimate of $11.160 million by 17.54%. The company recorded sales of $10.244 million in the same period last year. The dual miss on both earnings and sales highlights pressure on the company's profitability and revenue generation in the reported quarter.

Financial Performance Summary

The significant year-over-year decline in earnings per share and the miss on sales estimates indicate challenges for OFS Credit Co in maintaining its previous growth trajectory. The gap between actual sales and analyst expectations suggests that market conditions or operational factors may have impacted the company's top-line performance more severely than anticipated.