Prospect Capital (NASDAQ:PSEC) reported its Q1 earnings results on Wednesday, November 8, 2023 at 04:28 PM.
Here’s what investors need to know about the announcement.
Earnings
Prospect Capital beat estimated earnings by 47.62%, reporting an EPS of $0.31 versus an estimate of $0.21.
Revenue was up $33.57 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 0.5% increase in the share price the next day.
Here’s a look at Prospect Capital’s past performance:
| Quarter | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.21 | 0.23 | 0.23 | 0.19 |
| EPS Actual | 0.23 | 0.26 | 0.27 | 0.25 |
| Revenue Estimate | 216.46M | 220.88M | 213.41M | 186.43M |
| Revenue Actual | 221.50M | 215.12M | 212.92M | 202.67M |
To track all earnings releases for Prospect Capital visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
