NASDAQ$PFLT
PennantPark Floating Rate Capital Ltd · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Announced financial results with a strong portfolio performance and an increase in net asset value.
PennantPark Floating Rate Capital Ltd. reported a net change in net assets resulting from operations of $26.1 million, or $0.67 per share, for the quarter ended December 31, 2020. Net investment income totaled $10.1 million, or $0.26 per share.
- Portfolio totaled $1,067.3 million as of December 31, 2020.
- Invested $67.0 million in five new and 17 existing portfolio companies during the quarter.
- Net investment income was $10.1 million, or $0.26 per share.
- Net change in net assets resulting from operations totaled $26.1 million, or $0.67 per share.
Headline financials
Revenue & EPS history
PennantPark Floating Rate · Revenue · Quarterly
$20.7M
Revenue by segment
PennantPark Floating Rate · $20.9M total across 2 segments · Q3 2021
- First Lien Secured Debt$18.2M-13.3%87.1%
- Other Investments$2.7M+50.0%12.9%
Forward guidance
Management believes that the combination of a growing PSSL joint venture, the rotation of equity positions into yield generating debt instruments and a growing, more optimized PFLT balance sheet should position the Company well for increased income over time.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
-0.3%
Avg return
Earnings day
-0.2%
Avg return
5 days after
-0.6%
Avg return
30 days after
48%
20 / 42 earnings
Positive
+8.8%
Q4 2020
Best reaction
-9.2%
Q2 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +0.3% | -3.6% | -9.7% | |
| Q1 2026 | -3.5% | -8.5% | -14.7% | |
| Q4 2025 | -1.0% | -0.2% | -1.6% | |
| Q3 2025 | -1.1% | -2.3% | -2.5% | |
| Q2 2025 | -0.8% | +0.2% | +2.6% | |
| Q4 2024 | -0.1% | +2.5% | +1.5% | |
| Q3 2024 | +0.3% | +2.1% | +6.5% | |
| Q2 2024 | -1.2% | -1.5% | -1.9% | |
| Q1 2024 | +0.9% | +2.3% | +1.7% | |
| Q4 2023 | +0.3% | -0.4% | +6.5% | |
| Q3 2023 | -4.6% | -5.1% | -5.6% | |
| Q2 2023 | +3.9% | +3.1% | +2.9% | |
| Q1 2023 | -2.1% | +0.0% | -8.6% | |
| Q4 2022 | -2.3% | -1.7% | -3.1% | |
| Q3 2022 | -2.8% | +1.3% | -8.1% | |
| Q2 2022 | -1.1% | -8.1% | -10.5% | |
| Q1 2022 | +1.7% | -0.8% | -2.1% | |
| Q4 2021 | -3.4% | -3.3% | -8.2% | |
| Q3 2021 | +0.8% | +0.6% | -0.7% | |
| Q2 2021 | +1.4% | -0.2% | +1.8% | |
| Q1 2021 | +1.4% | -0.5% | +3.6% | |
| Q4 2020 | +8.8% | +11.7% | +11.3% | |
| Q3 2020 | -2.5% | +0.6% | +1.1% | |
| Q2 2020 | +7.9% | +5.7% | +29.5% | |
| Q1 2020 | +1.6% | +3.6% | -7.0% | |
| Q4 2019 | -0.4% | +2.9% | +4.8% | |
| Q3 2019 | +1.9% | +2.2% | +2.5% | |
| Q2 2019 | -9.2% | -8.5% | -11.6% | |
| Q1 2019 | -0.7% | +0.5% | -1.3% | |
| Q4 2018 | +1.0% | +2.2% | -6.7% | |
| Q3 2018 | +0.9% | +0.1% | -2.9% | |
| Q2 2018 | +1.5% | +1.7% | +5.2% | |
| Q1 2018 | -8.8% | -3.8% | -1.9% | |
| Q4 2017 | -1.3% | -1.1% | -2.1% | |
| Q3 2017 | +0.1% | -2.1% | -0.4% | |
| Q2 2017 | +0.6% | +1.2% | +1.6% | |
| Q1 2016 | -0.6% | -3.3% | -2.3% | |
| Q4 2016 | -0.5% | +1.6% | +4.7% | |
| Q3 2016 | +2.0% | +2.4% | +2.8% | |
| Q2 2016 | +0.7% | — | — | |
| Q4 2015 | -0.9% | — | — | |
| Q3 2011 | -2.3% | — | — |
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