PennantPark (PNNT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - PennantPark reported revenue of $34.21 million for the quarter ended December 2024, reflecting a year-over-year decline of 0.4$0.20, down from $0.24 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of$35.17 million by 2.74%, while the EPS met the consensus estimate [1] Financial Performance Metrics - Investment income from non-controlled, non-affiliated investments was $0.58 million, below the average estimate of$0.86 million from three analysts [4] - Dividend income from controlled, affiliated investments was $4.85 million, compared to the two-analyst average estimate of$5.27 million [4] - Dividend income from non-controlled, non-affiliated investments was $0.51 million, lower than the average estimate of$0.62 million from two analysts [4] Stock Performance - Over the past month, shares of PennantPark have returned +1.1%, while the Zacks S&P 500 composite increased by +2.1% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]