Recap: Prospect Capital Q1 Earnings - Prospect Capital (NASDAQ:PSEC)

Prospect Capital PSEC reported its Q1 earnings results on Wednesday, November 8, 2023 at 04:28 PM.

Here's what investors need to know about the announcement.

Prospect Capital beat estimated earnings by 47.62%, reporting an EPS of $0.31 versus an estimate of $0.21.

Revenue was up $33.57 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 0.5% increase in the share price the next day.

Here's a look at Prospect Capital's past performance:

Quarter	Q4 2023	Q3 2023	Q2 2023	Q1 2023
EPS Estimate	0.21	0.23	0.23	0.19
EPS Actual	0.23	0.26	0.27	0.25
Revenue Estimate	216.46M	220.88M	213.41M	186.43M
Revenue Actual	221.50M	215.12M	212.92M	202.67M

To track all earnings releases for Prospect Capital visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.