Recap: PennantPark Floating Rate Q2 Earnings

PennantPark Floating Rate (NYSE:PFLT) reported its Q2 earnings results on Wednesday, May 10, 2023 at 04:05 PM. Here’s…

PennantPark Floating Rate (NYSE:PFLT) reported its Q2 earnings results on Wednesday, May 10, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

PennantPark Floating Rate beat estimated earnings by 13.33%, reporting an EPS of $0.34 versus an estimate of $0.3.

Revenue was up $9.92 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 0.65% increase in the share price the next day.

Here’s a look at PennantPark Floating Rate’s past performance:

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate 0.3 0.29 0.28 0.28
EPS Actual 0.3 0.30 0.29 0.29
Revenue Estimate 29.87M 27.86M 24.95M 22.99M
Revenue Actual 31.34M 28.79M 25.73M 24.64M

To track all earnings releases for PennantPark Floating Rate visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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