Recap: Prospect Capital Q1 Earnings

Prospect Capital PSEC reported its Q1 earnings results on Wednesday, November 8, 2023 at 04:28 PM.

Here's what investors need to know about the announcement.

Earnings

Prospect Capital beat estimated earnings by 47.62%, reporting an EPS of $0.31 versus an estimate of $0.21.

Revenue was up $33.57 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 0.5% increase in the share price the next day.

Here's a look at Prospect Capital's past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 0.21 0.23 0.23 0.19
EPS Actual 0.23 0.26 0.27 0.25
Revenue Estimate 216.46M 220.88M 213.41M 186.43M
Revenue Actual 221.50M 215.12M 212.92M 202.67M

To track all earnings releases for Prospect Capital visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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