NASDAQ$PNNT
PennantPark Investment Corp · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Announced financial results for the second fiscal quarter ended March 31, 2020.
PennantPark Investment Corporation announced financial results for the second fiscal quarter ended March 31, 2020. The portfolio totaled $1,354.0 million. Net investment income totaled $10.3 million, or $0.15 per share. The company extended a full incentive fee waiver for the next two quarters through September 2020 and adjusted the dividend to 12 cents per share starting with the June 2020 quarter.
- Portfolio totaled $1,354.0 million as of March 31, 2020.
- Net investment income totaled $10.3 million, or $0.15 per share, for the three months ended March 31, 2020.
- The company extended a full incentive fee waiver for the next two quarters through September 2020.
- Adjusted dividend to 12 cents per share starting with the June 2020 quarter.
Headline financials
Revenue & EPS history
PennantPark · Revenue · Quarterly
$27.5M
Revenue by segment
PennantPark · $27.5M total across 3 segments · Q2 2020
- First Lien Secured Debt$17.5M+11.5%63.6%
- Second Lien Secured Debt$7.7M-31.3%28.0%
- Subordinated Debt$2.3M+27.8%8.4%
Forward guidance
Given the uncertain economic environment due to the pandemic, the company has concluded, in consultation with the board, that it is prudent to adjust the dividend to 12 cents per share starting with the June 2020 quarter and extend a full incentive fee waiver for the next two quarters through September 2020.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2020
+0.3%
Avg return
Earnings day
+0.9%
Avg return
5 days after
+2.3%
Avg return
30 days after
52%
32 / 62 earnings
Positive
+19.3%
Q4 2020
Best reaction
-12.8%
Q2 2010
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -4.6% | -10.4% | — | |
| Q4 2025 | -5.6% | -5.0% | -8.1% | |
| Q3 2025 | +0.8% | -2.1% | -2.3% | |
| Q2 2025 | +3.3% | +2.6% | +3.5% | |
| Q1 2025 | -0.7% | +0.4% | -3.8% | |
| Q4 2024 | -1.0% | -2.4% | +1.3% | |
| Q3 2024 | -0.4% | +0.4% | +0.1% | |
| Q2 2024 | +3.2% | +2.1% | +7.8% | |
| Q1 2024 | -2.2% | -1.2% | -1.9% | |
| Q4 2023 | -2.5% | -2.2% | -2.8% | |
| Q3 2023 | +3.6% | +2.1% | -1.0% | |
| Q2 2023 | +7.4% | +9.4% | +20.1% | |
| Q4 2022 | +0.3% | +1.0% | -4.8% | |
| Q3 2022 | -1.7% | -0.8% | -3.6% | |
| Q2 2022 | -0.8% | -5.2% | -5.8% | |
| Q1 2022 | +6.3% | +7.1% | +5.6% | |
| Q4 2021 | +1.0% | +3.3% | -3.2% | |
| Q3 2021 | +4.6% | +5.4% | +1.4% | |
| Q2 2021 | +4.4% | +2.3% | +5.1% | |
| Q1 2021 | +0.4% | -1.9% | +3.7% | |
| Q4 2020 | +19.3% | +28.0% | +28.9% | |
| Q3 2020 | +3.2% | +3.2% | +2.3% | |
| Q2 2020 | -4.6% | -9.9% | +27.4% | |
| Q1 2020 | +2.9% | +0.8% | -11.1% | |
| Q4 2019 | +1.7% | +2.5% | +11.3% | |
| Q3 2019 | +0.6% | -1.7% | -3.7% | |
| Q2 2019 | -3.6% | -5.5% | -6.5% | |
| Q1 2019 | -3.5% | -1.5% | -3.3% | |
| Q4 2018 | +4.1% | +2.7% | +2.4% | |
| Q3 2018 | -0.5% | +1.5% | +1.5% | |
| Q2 2018 | +2.5% | +4.4% | +10.2% | |
| Q1 2018 | +4.8% | +8.0% | +9.9% | |
| Q4 2017 | -4.0% | -4.7% | -8.1% | |
| Q3 2017 | +0.7% | +3.6% | +1.1% | |
| Q2 2017 | +4.4% | -1.2% | -3.1% | |
| Q4 2016 | -6.0% | -5.8% | +2.3% | |
| Q3 2016 | +2.0% | +2.8% | +10.1% | |
| Q2 2016 | +0.2% | — | — | |
| Q1 2016 | +5.7% | — | — | |
| Q4 2015 | -7.8% | — | — | |
| Q3 2015 | +2.8% | — | — | |
| Q2 2015 | +0.4% | — | — | |
| Q1 2015 | +4.5% | — | — | |
| Q4 2014 | +0.4% | — | — | |
| Q3 2014 | -0.5% | — | — | |
| Q2 2014 | +1.0% | — | — | |
| Q1 2014 | +0.7% | — | — | |
| Q4 2013 | +1.3% | — | — | |
| Q3 2013 | -1.2% | — | — | |
| Q2 2013 | -2.0% | — | — | |
| Q1 2013 | -2.4% | — | — | |
| Q4 2012 | -2.4% | — | — | |
| Q3 2012 | -0.2% | — | — | |
| Q2 2012 | -1.4% | — | — | |
| Q1 2012 | +0.0% | — | — | |
| Q4 2011 | -4.4% | — | — | |
| Q3 2011 | -4.6% | — | — | |
| Q2 2011 | -0.2% | — | — | |
| Q1 2010 | +4.2% | — | — | |
| Q4 2010 | +0.0% | — | — | |
| Q3 2010 | -1.5% | — | — | |
| Q2 2010 | -12.8% | — | — |
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