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Recap: PennantPark Floating Rate Q4 Earnings

Author: Benzinga Insights | November 15, 2023 05:20pm

PennantPark Floating Rate (NYSE:PFLT) reported its Q4 earnings results on Wednesday, November 15, 2023 at 04:05 PM.

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

Earnings

PennantPark Floating Rate beat estimated earnings by 3.23%, reporting an EPS of $0.32 versus an estimate of $0.31.

Revenue was up $6.95 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.05 which was followed by a 3.99% drop in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.36 0.30 0.3 0.29
EPS Actual 0.31 0.34 0.3 0.30
Revenue Estimate 36.70M 31.91M 29.87M 27.86M
Revenue Actual 37.71M 34.55M 31.34M 28.79M

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.

Posted In: PFLT

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