PennantPark Investment (PNNT)
Search documents
PennantPark Investment Corporation Schedules Earnings Release of First Fiscal Quarter 2025 Results
GlobeNewswire· 2025-01-08 21:05
MIAMI, Jan. 08, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the first fiscal quarter ended December 31, 2024 on Monday, February 10, 2025 after the close of the financial markets. The Company will also host a conference call at 12:00 p.m. (Eastern Time) on Tuesday, February 11, 2025 to discuss its financial results. All interested parties are welcome to participate. You can access the conference call by dialing toll-free ...
PennantPark Investment Corporation’s Unconsolidated Joint Venture, PennantPark Senior Loan Fund, LLC Completes $400 Million CLO, Marking Continued Momentum in PennantPark’s Middle Market CLO Platform with 10 CLOs Under Management
GlobeNewswire· 2025-01-02 21:05
MIAMI, Jan. 02, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the “Company”) (NYSE: PNNT) announced that PennantPark Senior Loan Fund, LLC (“PSLF”) through its wholly-owned and consolidated subsidiary, PennantPark CLO X, LLC (“CLO X”) has closed a four-year reinvestment period, twelve-year final maturity, $400.5 million debt securitization in the form of a collateralized loan obligation (“CLO”). The debt issued in the CLO (the “ Debt”) is structured in the following manner: ClassPar Amount($ ...
PennantPark Investment: I've Never Seen So Complex And Speculative Structure
Seeking Alpha· 2024-12-26 14:15
PennantPark Investment Corporation (NYSE: PNNT ) is a BDC, which I have decided to avoid starting from the moment, when I took a closer look and issued my first article early January, this year.Roberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvia to boost the liquidity of pan-Baltic capital markets. Other pol ...
PennantPark Investment: Weak Dividend Coverage Is A Concern (Rating Downgrade)
Seeking Alpha· 2024-12-06 10:34
When I last covered PennantPark Investment Corporation (NYSE: PNNT ), the BDC had reported record net investment income (NII) on the back of the special dividend from Dominion Voting systems. At the time, the BDC had an excellent NII dividend coverage ratioI am a young individual investor with a strong focus on long-term wealth creation. My investment strategy revolves around selecting stocks with strong growth potential as well as stocks with stable dividend yields. I firmly believe that patience is key, a ...
PennantPark Investment (PNNT) - 2024 Q4 - Earnings Call Transcript
2024-11-26 19:45
PennantPark Investment Corporation (NYSE:PNNT) Q4 2024 Results Conference Call November 26, 2024 12:00 PM ET Company Participants Art Penn - Chairman and Chief Executive Officer Rick Allorto - Chief Financial Officer Conference Call Participants Mark Hughes - Truist Robert Dodd - Raymond James Paul Johnson - KBW Melissa Wedel - JPMorgan Casey Alexander - Compass Point Operator Good afternoon, and welcome to the PennantPark Investment Corporation's Fourth Fiscal Quarter 2024 Earnings Conference Call. Today's ...
Compared to Estimates, PennantPark (PNNT) Q4 Earnings: A Look at Key Metrics
ZACKS· 2024-11-26 00:01
For the quarter ended September 2024, PennantPark (PNNT) reported revenue of $36.5 million, up 7.2% over the same period last year. EPS came in at $0.22, compared to $0.24 in the year-ago quarter.The reported revenue represents a surprise of +0.36% over the Zacks Consensus Estimate of $36.37 million. With the consensus EPS estimate being $0.22, the company has not delivered EPS surprise.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare t ...
PennantPark (PNNT) Q4 Earnings Match Estimates
ZACKS· 2024-11-25 23:16
PennantPark (PNNT) came out with quarterly earnings of $0.22 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this business development company would post earnings of $0.22 per share when it actually produced earnings of $0.24, delivering a surprise of 9.09%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.PennantPark, wh ...
PennantPark Investment (PNNT) - 2024 Q4 - Annual Report
2024-11-25 23:11
| --- | --- | |-------|-------------------------------------------------------------------------------------| | | UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 | | | FORM 10-K | (Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 814-00736 | --- | ...
PennantPark Investment (PNNT) - 2024 Q4 - Annual Results
2024-11-25 21:05
EXHIBIT 99.1 HIGHLIGHTS Year ended September 30, 2024 ($ in millions, except per share amounts) PennantPark Investment Corporation Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2024 and Upsize of Joint Venture MIAMI, Nov. 25, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) (the "Company") announced today financial results for the fourth quarter and fiscal year ended September 30, 2024. | --- | --- | --- | --- | --- | |------------------------ ...
PennantPark (PNNT) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
ZACKS· 2024-11-18 16:00
PennantPark (PNNT) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on November 25, 2024, might help the stock move higher if these key numbers are better th ...