Palmer Square Capital BDC Inc. (PSBD) Surpasses Q2 Earnings and Revenue Estimates

Company Performance - Palmer Square Capital BDC Inc. reported quarterly earnings of $0.43 per share, exceeding the Zacks Consensus Estimate of $0.41 per share, but down from $0.48 per share a year ago, representing an earnings surprise of +4.88% [1] - The company posted revenues of $31.68 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 4.79%, but down from $36.55 million year-over-year [2] - Over the last four quarters, the company has surpassed consensus EPS estimates just once and topped consensus revenue estimates two times [2] Stock Performance - Palmer Square Capital BDC Inc. shares have declined approximately 7.7% since the beginning of the year, while the S&P 500 has gained 7.1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.42 on revenues of $30.29 million, and for the current fiscal year, it is $1.62 on revenues of $121.86 million [7] Industry Outlook - The Financial - SBIC & Commercial Industry, to which Palmer Square Capital BDC Inc. belongs, is currently ranked in the top 41% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5][6]