Compared to Estimates, PennantPark (PFLT) Q1 Earnings: A Look at Key Metrics

Core Insights - PennantPark (PFLT) reported a revenue of $67.01 million for the quarter ended December 2024, marking a year-over-year increase of 76.5% [1] - The earnings per share (EPS) for the same period was $0.33, consistent with the EPS from a year ago [1] - The reported revenue exceeded the Zacks Consensus Estimate of $58.93 million by 13.70%, and the EPS also surpassed the consensus estimate of $0.31 by 6.45% [1] Financial Performance Metrics - Other income from non-controlled, non-affiliated investments was $1.48 million, exceeding the two-analyst average estimate of $1.16 million, but reflecting a year-over-year decline of 16.1% [4] - Interest income from non-controlled, non-affiliated investments reached $47.46 million, surpassing the two-analyst average estimate of $43.30 million, with a significant year-over-year increase of 99.7% [4] - Dividend income from non-controlled, non-affiliated investments was $0.58 million, slightly above the estimated $0.50 million, representing a year-over-year increase of 13.6% [4] Stock Performance - Over the past month, shares of PennantPark have returned +1.2%, compared to a +2.1% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]