Q2 FY2026 EarningsFY26 Q2 results missed consensus across all key profitability metrics. Diluted GAAP EPS of $0.12 significantly missed the $0.1875 mean estimate, while Distributable Earnings of $0.23 per share fell short of the $0.2550 normalized consensus. The variance was driven by a sharp increase in credit loss provisions to $3.5M and compressed net interest income (NII) of $23.7M vs. $26.9M expected, following the issuance of a $400M Term Loan B and increased interest expenses. Book Value per share declined to $10.95, missing the $11.05 consensus.