PennantPark Floating Rate Capital to Announce Q3 Results on August 11

By Philip Seaworth • Saturday, July 05 15:25 • Permanent Link

PennantPark Floating Rate Capital Ltd. has announced that it will report its third fiscal quarter results on August 11, 2025, after the close of the financial markets. The company will also host a conference call on August 12, 2025, to discuss its financial results.

In the previous quarter, the company reported net investment income of $0.53 per share, representing an increase of 6% from the previous quarter's $0.50 per share. Additionally, the net asset value (NAV) per share was reported at $13.45, marking a 2% increase from the previous quarter's NAV of $13.20 per share.

Furthermore, the company's total investment income for the previous quarter was $28.2 million, compared to $27.5 million in the prior quarter. The net realized and unrealized gains on investments were $5.6 million for the previous quarter, up from $4.8 million in the prior quarter.

PennantPark Floating Rate Capital Ltd. also reported a debt-to-equity ratio of 0.77 for the previous quarter, compared to 0.79 in the prior quarter, indicating a decrease in leverage.

The company's portfolio had a fair value of $1.2 billion at the end of the previous quarter, representing an increase from the prior quarter's fair value of $1.1 billion.

In terms of dividends, the company declared a distribution of $0.095 per share for the previous quarter, consistent with the distribution in the prior quarter.

PennantPark Floating Rate Capital Ltd.'s focus on investing in U.S. middle-market private companies through various debt instruments has contributed to these financial results. The company's management by PennantPark Investment Advisers, LLC, which manages approximately $10 billion of investable capital, has also played a key role in providing investors access to middle-market credit and offering flexible financing solutions.

Investors and analysts are eagerly awaiting the upcoming earnings release and conference call to gain insights into the company's performance and outlook for the future. The market has reacted to these announcements by moving the company's shares 0.86% to a price of $10.55. For the full picture, make sure to review PennantPark Floating Rate Capital's 8-K report.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.