Recap: Prospect Capital Q2 Earnings

Prospect Capital PSEC reported its Q2 earnings results on Thursday, February 8, 2024 at 04:45 PM.

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

Earnings

Prospect Capital beat estimated earnings by 9.09%, reporting an EPS of $0.24 versus an estimate of $0.22.

Revenue was down $1.97 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.1 which was followed by a 12.12% increase in the share price the next day.

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

Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023
EPS Estimate 0.21 0.21 0.23 0.23
EPS Actual 0.31 0.23 0.26 0.27
Revenue Estimate 221.20M 216.46M 220.88M 213.41M
Revenue Actual 236.25M 221.50M 215.12M 212.92M

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.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!