NASDAQ$PFLT
PennantPark Floating Rate Capital Ltd · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Announced financial results for the second quarter ended March 31, 2024.
PennantPark Floating Rate Capital Ltd. reported solid performance for the quarter ended March 31, 2024, with increased investment income and net investment income primarily due to the growth of the debt portfolio.
- Portfolio totaled $1,477.9 million as of March 31, 2024.
- Invested $338.3 million in 11 new and 48 existing portfolio companies during the quarter.
- Net investment income totaled $19.1 million, or $0.31 per share for the quarter.
- Net increase in net assets resulting from operations totaled $31.1 million, or $0.51 per share for the quarter.
Headline financials
Revenue & EPS history
PennantPark Floating Rate · Revenue · Quarterly
$20M
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
No specific forward guidance was provided in the press release.
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 Q2 2024
-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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