earnings
confidence high
sentiment negative
materiality 0.85
Prospect Capital reports net loss of $31M, NII per share $0.20, cuts monthly distribution to $0.045
PROSPECT CAPITAL CORP
2025-Q2 EPS
reported -$0.45
vs consensus $0.13
▼ miss
(-439.4%)
- Net loss applicable to common shareholders $31.0M ($0.07/share); NII per share $0.20 vs $0.24 YoY.
- Total investment income $185.5M, down 12% YoY from $210.9M.
- NAV per common share fell to $7.84 from $8.10 prior quarter and $8.92 a year ago.
- Monthly common distribution reduced to $0.045 from $0.05; quarterly rate drops to $0.135 from $0.15.
- Portfolio yield decreased to 9.1% annualized current yield; non-accrual loans low at 0.4% fair value.