earnings
confidence high
sentiment neutral
materiality 0.55
PennantPark Investment Corp estimates NAV $7.50-$7.55, NII $0.23-$0.25 for June quarter
PENNANTPARK INVESTMENT CORP
- Net asset value per share estimated $7.50-$7.55, down from $7.69 at March 31, 2024.
- Net investment income estimated $0.23-$0.25 per share, up from $0.22 prior quarter.
- Core net investment income estimated $0.20-$0.22 per share, compared to $0.22.
- Portfolio fair value $1.26B; three loans on non-accrual (4.2% at cost) vs two loans.
- Total debt $765.5M; cash $59.2M; unused credit facility capacity $24.5M.