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PennantPark (PNNT) Q1 Earnings Match Estimates
PNNTPennantPark Investment (PNNT) ZACKS·2025-02-10 23:21

Earnings Performance - PennantPark reported quarterly earnings of 0.20pershare,matchingtheZacksConsensusEstimate,butdownfrom0.20 per share, matching the Zacks Consensus Estimate, but down from 0.24 per share a year ago [1] - The company posted revenues of 34.21millionforthequarter,missingtheZacksConsensusEstimateby2.7434.21 million for the quarter, missing the Zacks Consensus Estimate by 2.74%, compared to 34.34 million in the same quarter last year [2] Market Comparison - Since the beginning of the year, PennantPark shares have increased by approximately 1.6%, while the S&P 500 has gained 2.5% [3] Future Outlook - The earnings outlook for PennantPark is uncertain, with current consensus EPS estimates at 0.21fortheupcomingquarterand0.21 for the upcoming quarter and 0.83 for the current fiscal year [7] - The estimate revisions trend for PennantPark is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Industry Context - The Financial - SBIC & Commercial Industry, to which PennantPark belongs, is currently in the top 25% of over 250 Zacks industries, suggesting a favorable industry outlook [8]