PennantPark Floating Rate (NASDAQ:PFLT) reported its Q1 earnings results on Wednesday, February 9, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
PennantPark Floating Rate beat estimated earnings by 22.22%, reporting an EPS of $0.33 versus an estimate of $0.27.
Revenue was up $5.60 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01, which was followed by a 3.3% drop in the share price the next day.
Here's a look at PennantPark Floating Rate's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.27 | 0.27 | 0.27 | 0.27 |
| EPS Actual | 0.28 | 0.27 | 0.26 | 0.26 |
| Revenue Estimate | 20.40M | 20.70M | 20.36M | 21.72M |
| Revenue Actual | 21.62M | 20.91M | 19.43M | 20.73M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
