PennantPark (PNNT) got here out with quarterly earnings of $0.15 per share, lacking the Zacks Conse
PennantPark (PNNT) got here out with quarterly earnings of $0.15 per share, lacking the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.20 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of -16.67%. 1 / 4 in the past, it was anticipated that this enterprise improvement firm would submit earnings of $0.19 per share when it really produced earnings of $0.17, delivering a shock of -10.53%.
Over the past 4 quarters, the corporate has not been capable of surpass consensus EPS estimates.
PennantPark, which belongs to the Zacks Monetary – SBIC & Industrial Business trade, posted revenues of $27.93 million for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 2%. This compares to year-ago revenues of $27.62 million. The corporate has not been capable of beat consensus income estimates over the past 4 quarters.
The sustainability of the inventory’s rapid worth…