Prospect Capital Swings to Fiscal Q1 Loss, Total Investment Income Falls

MT Newswires Live
2024-11-08

Prospect Capital (PSEC) reported a fiscal Q1 loss Friday of $0.38 per share, swinging from a net income of $0.23 a year earlier.

One analyst polled by Capital IQ expected earnings of $0.17.

Total investment income for the quarter ended Sept. 30 was $196.3 million, down from $236.2 million a year earlier.

One analyst surveyed by Capital IQ expected $202.3 million.

Prospect Capital's shares were about 5% lower in recent premarket activity.

Price: 4.97, Change: -0.26, Percent Change: -4.97

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