PennantPark Investment Past Earnings Performance
Past criteria checks 1/6
PennantPark Investment's earnings have been declining at an average annual rate of -19.9%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 4.9% per year. PennantPark Investment's return on equity is 9.8%, and it has net margins of 32.6%.
Key information
-19.9%
Earnings growth rate
-19.9%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 4.9% |
| Return on equity | 9.8% |
| Net Margin | 32.6% |
| Next Earnings Update | 08 May 2024 |
Recent past performance updates
Recent updates
PennantPark Investment: Higher Yielding Monthly Distribution, But Lower Total Return
Apr 02PennantPark Investment: From Suboptimal To Completely Unattractive Investment
Mar 15PennantPark Investment Remains Attractive After Solid Q4 Results
Feb 20PennantPark Investment: 12% Yielding BDC
Feb 11PennantPark Investment: Not Ticking All The Necessary Boxes For A Solid Defense
Jan 07PennantPark Investment: Buy For Dividend, Treat As Cyclical
Dec 04PennantPark Investment: Should You Buy The 13% Yield For 2024?
Nov 27PennantPark: Attractive Yield At A Discount
Oct 13PennantPark Investment: Strong Performance, Monthly Dividend, But Over-Diversified Portfolio
Sep 18PennantPark Investment: A Growing 12%+ Yielder
Sep 12PennantPark: Buying Undervalued Assets In An Overvalued Debt Market
Aug 08PennantPark: Big Win From Dominion/Fox Settlement
Jun 11PennantPark Investment raises quarterly dividend by 12.1% to $0.185/share
Feb 08PennantPark: A Smart Investment To Avoid Recessionary Headwinds
Jan 14PennantPark Investment FQ4 2022 Earnings Preview
Nov 15PennantPark Investment NII of $0.16 beats by $0.06, Total investment income of $23.35M misses by $0.16M
Aug 03PennantPark: Going All In Is A Recipe For Disaster
Jul 11Rose's Income Garden 87 Stock Portfolio November Transactions With 8+ Buy Ideas
Dec 29Dividend Increase Coming For PennantPark
Nov 21PennantPark Investment appoints Richard Cheung as new CFO
Jun 21PennantPark Investment 2021 Q2 - Results - Earnings Call Presentation
May 06PennantPark Investment declares $0.12 dividend
Dec 02PennantPark Investment: 11.3% Yield With Large Discount To NAV
Nov 21PennantPark Investment misses on total investment income
Nov 19Revenue & Expenses BreakdownBeta
How PennantPark Investment makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 150 | 49 | 37 | 0 |
| 30 Sep 23 | 145 | -34 | 36 | 0 |
| 30 Jun 23 | 140 | -81 | 33 | 0 |
| 31 Mar 23 | 119 | -120 | 28 | 0 |
| 31 Dec 22 | 107 | -122 | 26 | 0 |
| 30 Sep 22 | 105 | -25 | 26 | 0 |
| 30 Jun 22 | 99 | 35 | 27 | 0 |
| 31 Mar 22 | 96 | 86 | 26 | 0 |
| 31 Dec 21 | 91 | 121 | 25 | 0 |
| 30 Sep 21 | 82 | 167 | 22 | 0 |
| 30 Jun 21 | 80 | 151 | 21 | 0 |
| 31 Mar 21 | 85 | 135 | 22 | 0 |
| 31 Dec 20 | 93 | 36 | 25 | 0 |
| 30 Sep 20 | 100 | -16 | 26 | 0 |
| 30 Jun 20 | 107 | -17 | 26 | 0 |
| 31 Mar 20 | 110 | -27 | 29 | 0 |
| 30 Sep 19 | 112 | 16 | 30 | 0 |
| 30 Jun 19 | 112 | 20 | 33 | 0 |
| 31 Mar 19 | 108 | 31 | 32 | 0 |
| 31 Dec 18 | 107 | 42 | 32 | 0 |
| 30 Sep 18 | 108 | 48 | 32 | 0 |
| 30 Jun 18 | 109 | 43 | 33 | 0 |
| 31 Mar 18 | 115 | 45 | 33 | 0 |
| 31 Dec 17 | 121 | 50 | 35 | 0 |
| 30 Sep 17 | 125 | 62 | 36 | 0 |
| 30 Jun 17 | 129 | 82 | 37 | 0 |
| 31 Mar 17 | 133 | 91 | 40 | 0 |
| 31 Dec 16 | 139 | 84 | 41 | 0 |
| 30 Sep 16 | 142 | 19 | 42 | 0 |
| 30 Jun 16 | 149 | -8 | 44 | 0 |
| 31 Mar 16 | 154 | -30 | 47 | 0 |
| 31 Dec 15 | 158 | -27 | 50 | 0 |
| 30 Sep 15 | 162 | -10 | 53 | 0 |
| 30 Jun 15 | 163 | -13 | 51 | 0 |
| 31 Mar 15 | 157 | 14 | 50 | 0 |
| 31 Dec 14 | 153 | 48 | 49 | 0 |
| 30 Sep 14 | 148 | 111 | 48 | 0 |
| 30 Jun 14 | 139 | 135 | 48 | 0 |
| 31 Mar 14 | 137 | 116 | 46 | 0 |
| 31 Dec 13 | 131 | 103 | 44 | 0 |
| 30 Sep 13 | 129 | 92 | 44 | 0 |
| 30 Jun 13 | 129 | 87 | 45 | 0 |
Quality Earnings: PNNT has a large one-off loss of $22.1M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: PNNT became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PNNT's earnings have declined by 19.9% per year over the past 5 years.
Accelerating Growth: PNNT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PNNT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (3.3%).
Return on Equity
High ROE: PNNT's Return on Equity (9.8%) is considered low.