PennantPark (PFLT) Misses Q3 Earnings and Revenue Estimates

Core Viewpoint - PennantPark (PFLT) reported quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.28 per share, and showing a decline from $0.31 per share a year ago, indicating a -10.71% earnings surprise [1] Financial Performance - The company posted revenues of $63.5 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 2.59%, compared to $48.51 million in the same quarter last year [2] - Over the last four quarters, PennantPark has surpassed consensus EPS estimates only once and topped consensus revenue estimates two times [2] Stock Performance - PennantPark shares have declined approximately 3.9% since the beginning of the year, while the S&P 500 has gained 8.6% [3] - The current Zacks Rank for PennantPark is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.29 on revenues of $66.19 million, and for the current fiscal year, it is $1.18 on revenues of $260.33 million [7] - The trend of estimate revisions for PennantPark was mixed ahead of the earnings release, which could change following the recent report [6] Industry Context - The Financial - Investment Management industry, to which PennantPark belongs, is currently in the top 28% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]