SHARPE
Reported results
- GAAP net loss attributable to common shareholders was $36 million, or $(0.41) per common share.
- GAAP net investment income was $36 million.
- Non-GAAP adjusted net income attributable to common shareholders was $30 million, or $0.35 in adjusted earnings per share.
- GAAP annualized return on common equity was (11)%, compared to a non-GAAP annualized adjusted ROE of 9%.
- Book value per share at period end was $14.03.
- Dividends declared per common share were $0.40.
Guidance
- Projected run-rate return potential is $0.38 per share.
Price and volatility reaction
The stock moved +1.2% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -1.4 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 7.38 | 2026-10-29 |
| Close after release | 7.47 | 2026-10-30 |
| Realised move | +1.2% | close to close |
| 30d ATM IV change | -1.4 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.