PennantPark Q4 Earnings: Revenue Surpasses Consensus, EPS in Line with Estimates

PennantPark (PFLT) reported Q4 earnings of $0.28 per share, in line with the Zacks Consensus Estimate. The investment company posted revenues of $68.98 million, surpassing the Zacks Consensus Estimate by 4.65%. The sustainability of the stock's immediate price movement will depend on management's commentary on the earnings call. PennantPark shares have lost 17.1% since the beginning of the year versus the S&P 500's gain of 12.3%. The company has a Zacks Rank #4 (Sell) due to an unfavorable estimate revisions trend.