NASDAQ$PSEC
Prospect Capital Corp · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Prospect Capital reported financial results for the quarter ended September 30, 2020, declared 39th, 40th, and 41st consecutive $0.06 per common share monthly cash distributions, declared 1st monthly cash preferred share distribution, and announced a 3% increase in net asset value per common share.
Prospect Capital Corporation announced financial results for the fiscal quarter ended September 30, 2020, reporting a net investment income of $57.545 million, net income of $167.746 million, and a net asset value per common share of $8.40.
- Net investment income was $57.545 million.
- Net income was $167.746 million.
- NAV per common share at period end was $8.40.
- The company declared distributions to common shareholders for November 2020, December 2020 and January 2021 of $0.06 per share.
Headline financials
Revenue & EPS history
Prospect Capital · Revenue · Quarterly
$143M
Revenue by segment
Prospect Capital · $143M total across 3 segments · Q1 2021
- Interest income$132M—92.6%
- Other income$10.6M—7.4%
- Dividend income$25K—0.0%
Forward guidance
Prospect expects to declare February 2021, March 2021, and April 2021 distributions to common shareholders in February 2021.
Tailwinds
- Targeted $1 billion perpetual preferred equity program.
- Greater utilization of cost efficient revolving credit facility.
- Retirement of higher cost liabilities.
- Increased originations in senior secured debt and selected equity investments.
- Deployment of available capital from underleveraged balance sheet.
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
+0.4%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+0.5%
Avg return
30 days after
55%
23 / 42 earnings
Positive
+10.7%
Q1 2024
Best reaction
-16.3%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | -9.9% | -17.9% | -18.6% | |
| Q2 2026 | +10.3% | +16.9% | +1.5% | |
| Q1 2026 | +0.4% | +12.2% | +5.1% | |
| Q3 2025 | -1.9% | +0.8% | -10.2% | |
| Q2 2025 | -1.0% | +3.8% | +0.7% | |
| Q1 2025 | -16.3% | -18.2% | -13.4% | |
| Q4 2024 | -1.8% | +2.8% | +4.3% | |
| Q3 2024 | +3.6% | +4.0% | +6.3% | |
| Q1 2024 | +10.7% | +3.9% | +7.9% | |
| Q4 2023 | +1.0% | +0.7% | +0.8% | |
| Q3 2023 | -1.7% | -4.7% | -0.9% | |
| Q2 2023 | -0.7% | +1.7% | -9.7% | |
| Q1 2023 | +0.8% | +2.5% | -2.2% | |
| Q3 2022 | -1.2% | -1.8% | -0.8% | |
| Q2 2022 | +2.0% | -1.0% | -4.3% | |
| Q1 2022 | +6.9% | +6.3% | +2.2% | |
| Q3 2021 | -2.0% | -1.5% | +12.6% | |
| Q2 2021 | +4.9% | +8.0% | +11.2% | |
| Q1 2021 | +4.2% | +3.2% | +9.3% | |
| Q4 2020 | -0.8% | -1.4% | -2.3% | |
| Q3 2020 | +5.9% | +8.1% | +36.0% | |
| Q2 2020 | -0.5% | -0.6% | -27.6% | |
| Q1 2020 | -0.6% | +1.4% | +1.7% | |
| Q4 2019 | -5.4% | -4.4% | +0.5% | |
| Q3 2019 | -0.6% | -1.3% | -4.0% | |
| Q2 2019 | -4.6% | -7.9% | -5.6% | |
| Q1 2019 | +2.7% | +3.7% | -0.7% | |
| Q4 2018 | +2.8% | +4.5% | +2.6% | |
| Q3 2018 | +1.6% | +2.9% | +6.8% | |
| Q2 2018 | +3.3% | +8.4% | +4.6% | |
| Q1 2018 | -4.9% | +1.9% | +14.4% | |
| Q4 2017 | -3.8% | -6.0% | -6.5% | |
| Q3 2017 | -6.8% | -12.5% | -13.0% | |
| Q2 2017 | +3.5% | +6.6% | +4.6% | |
| Q1 2017 | +0.8% | +3.3% | +8.5% | |
| Q4 2016 | +2.0% | +0.4% | -3.2% | |
| Q3 2016 | +1.8% | — | — | |
| Q2 2016 | +2.5% | — | — | |
| Q1 2015 | -1.9% | — | — | |
| Q4 2015 | +7.1% | — | — | |
| Q3 2015 | +2.0% | — | — | |
| Q2 2014 | +0.1% | — | — |
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