PennantPark (PNNT) Q3 Earnings Meet Estimates

PennantPark (PNNT) came out with quarterly earnings of $0.18 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 $0.19 per share when it actually produced earnings of $0.18, delivering a surprise of -5.26%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. There ...