Financial Performance - Palmer Square Capital BDC Inc. reported quarterly earnings of $0.46 per share, missing the Zacks Consensus Estimate of $0.48 per share, and down from $0.58 per share a year ago, representing an earnings surprise of -4.17% [1] - The company posted revenues of $34.87 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 0.05%, compared to year-ago revenues of $29.82 million [2] - Over the last four quarters, the company has surpassed consensus EPS estimates just once and topped consensus revenue estimates three times [2] Stock Performance and Outlook - Palmer Square Capital BDC Inc. shares have added about 0.5% since the beginning of the year, while the S&P 500 has gained 1.3% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $0.47 on revenues of $34.36 million, and $1.83 on revenues of $134.64 million for the current fiscal year [7] Industry Context - The Financial - SBIC & Commercial Industry, to which Palmer Square Capital BDC Inc. belongs, is currently in the top 22% of over 250 Zacks industries, indicating a favorable industry outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5] - The Zacks Rank for Palmer Square Capital BDC Inc. is currently 3 (Hold), suggesting that shares are expected to perform in line with the market in the near future [6]
Palmer Square Capital BDC Inc. (PSBD) Q4 Earnings and Revenues Lag Estimates