Published on 5 Aug 2023 on Zacks via Yahoo Finance
What's in the Cards for PennantPark (PNNT) in Q3 Earnings?
PennantPark Investment Corporation PNNT is slated to report third-quarter fiscal 2023 (ended Jun 30) results on Aug 9, after market close. The company’s earnings and revenues in the to-be-reported quarter are expected to have improved on a year-over-year basis.
In the last reported quarter, PNNT’s earnings surpassed the Zacks Consensus Estimate. Results reflected an increase in total investment income and higher expenses.
PNNT has a disappointing earnings surprise history. The company’s earnings surpassed the Zacks Consensus Estimate in one of the trailing four quarters, and missed thrice, the average negative surprise being 1.16%.