NASDAQ$PNNT
PennantPark Investment Corp · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
PennantPark Investment Corporation announced financial results for the quarter ended March 31, 2024.
PennantPark Investment Corporation reported a net investment income of $14.3 million, or $0.22 per share, for the quarter ended March 31, 2024. The company's portfolio totaled $1,238.2 million, with a weighted average yield on interest bearing debt investments of 12.5%. A monthly distribution for June 2024 of $0.08 per share was declared, representing a 14.3% increase.
- Increased monthly distribution by 14.3% to $0.08 per share for June 2024.
- Portfolio totaled $1,238.2 million as of March 31, 2024.
- Net investment income totaled $14.3 million, or $0.22 per share for the quarter ended March 31, 2024.
- Invested $188.5 million in six new and 43 existing portfolio companies with a weighted average yield on debt investments of 11.7%.
Headline financials
Revenue & EPS history
PennantPark · Revenue · Quarterly
-$14.8M
Revenue by segment
PennantPark · $28.7M total across 3 segments · Q4 2023
- First Lien Secured Debt$24.5M—85.4%
- Second Lien Secured Debt$2.9M—10.1%
- Subordinated Debt$1.3M—4.5%
Forward guidance
This press release contains forward-looking statements regarding the company's future performance and results, which are subject to risks and uncertainties.
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 2024
+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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