NASDAQ$PSEC
Prospect Capital Corp · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Prospect Capital reported financial results for Q4 2020.
Prospect Capital Corporation reported a net investment income of $58.27 million, or $0.16 per share, and a net income of $162.61 million, or $0.44 per share, for the quarter ended June 30, 2020. The company declared shareholder distributions of $0.18 per share for the same period. Net asset value per share at period end was $8.18.
- Net investment income was $58.27 million, or $0.16 per share.
- Net income was $162.61 million, or $0.44 per share.
- Distributions to shareholders were $0.18 per share.
- Net asset value per share at period end was $8.18.
Headline financials
Revenue & EPS history
Prospect Capital · Revenue · Quarterly
$145M
Revenue by segment
Prospect Capital · $145M total across 3 segments · Q4 2020
- Interest income$129M—88.8%
- Other income$15.2M—10.4%
- Dividend income$1.1M—0.8%
Forward guidance
Prospect Capital expects to declare November 2020, December 2020, and January 2021 distributions in November 2020. The company is focused on enhancing accretive NII per share growth.
Tailwinds
- Targeted $1 billion perpetual preferred equity program.
- Greater utilization of cost efficient revolving credit facility.
- Increased originations in senior secured debt.
- Selected equity investments to deliver targeted risk-adjusted yields and total returns.
- Deploying available capital from current underleveraged balance sheet.
Headwinds
- Forward-looking statements are affected by unknowable future events and conditions.
- Actual developments and results are highly likely to vary materially from any forward-looking statements.
- Safe harbor for forward-looking statements does not apply to business development companies.
- Company undertakes no obligation to update any such statement now or in the future.
- No specific negative factors mentioned in the provided text.
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 Q4 2020
+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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