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PennantPark (PNNT) Lags Q4 Earnings and Revenue Estimates

PennantPark (PNNT) came out with quarterly earnings of 0.15pershare,missingtheZacksConsensusEstimateof0.15 per share, missing the Zacks Consensus Estimate of 0.17 per share. This compares to earnings of 0.22pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof11.760.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -11.76%. A quarter ago, it was expected that this business development company would post earnings of 0.18 per share when it actually produced earnings of $0.18, delivering no surprise.Over the last four quarters, the ...