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PennantPark (PFLT) Reports Q2 Earnings: What Key Metrics Have to Say
PFLTPennantPark Floating Rate Capital .(PFLT) ZACKS·2025-05-12 23:01

Financial Performance - For the quarter ended March 2025, PennantPark (PFLT) reported revenue of 61.94million,whichisanincreaseof39.761.94 million, which is an increase of 39.7% compared to the same period last year [1] - EPS for the quarter was 0.28, down from 0.31intheyear−agoquarter[1]−ThereportedrevenuefellshortoftheZacksConsensusEstimateof0.31 in the year-ago quarter [1] - The reported revenue fell short of the Zacks Consensus Estimate of 66.49 million, resulting in a surprise of -6.85% [1] - The company experienced an EPS surprise of -15.15%, with the consensus EPS estimate being 0.33[1]KeyMetrics−Fromnon−controlled,non−affiliatedinvestments,otherincomewasreportedat0.33 [1] Key Metrics - From non-controlled, non-affiliated investments, other income was reported at 0.63 million, below the average estimate of 1.19millionbasedontwoanalysts[4]−Interestincomefromnon−controlled,non−affiliatedinvestmentswas1.19 million based on two analysts [4] - Interest income from non-controlled, non-affiliated investments was 49.22 million, exceeding the average estimate of 48.60million,representingayear−over−yearchangeof+61.548.60 million, representing a year-over-year change of +61.5% [4] - Dividend income from non-controlled, non-affiliated investments was 0.37 million, compared to the estimated $0.58 million, reflecting a -36.1% change year-over-year [4] Stock Performance - Shares of PennantPark have returned +5.9% over the past month, outperforming the Zacks S&P 500 composite's +3.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]