earnings
confidence high
sentiment negative
materiality 0.75
Prospect Capital Q3 FY23 net loss $109M ($0.27/share); stable monthly $0.06 dividend maintained
PROSPECT CAPITAL CORP
2023-Q3 EPS reported
-$0.40
- Net loss applicable to common shareholders of $108.9M ($0.27/share) vs net income $55.6M in prior quarter and $157.2M a year ago.
- NII of $102.2M ($0.21/share) vs $106.7M ($0.23) prior qtr and $87M ($0.20) year ago; coverage ratio 117%.
- NAV per share fell to $9.48 from $9.94 (prior qtr) and $10.81 (year ago), declines of 4.6% and 12.3%.
- Monthly dividend unchanged at $0.06/share for May-August 2023; annualized yield 11.3% based on $6.38 close.