PNNT / PennantPark (PNNT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

PennantPark is a BDC with a robust balance sheet with relatively low leverage and adequate liquidity. The company pays generous dividends and intends more_horizontal

PennantPark Investment Corporation has seen a decline in the percentage of its portfolio included on the watch list, indicating improving credit quali more_horizontal

PennantPark (PNNT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might d more_horizontal

PennantPark just hiked its quarterly cash dividend by 5% and will move to a monthly payout from October. The BDC is currently swapping hands at an 11. more_horizontal

PennantPark Investment Corporation (NYSE:PNNT ) Q3 2023 Results Conference Call August 10, 2023 12:00 PM ET Company Participants Art Penn - Founder, C more_horizontal

PennantPark (PNNT) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earn more_horizontal

Improvement in interest income on higher rates is likely to have supported PennantPark's (PNNT) Q3 earnings. more_horizontal

On our last review of PennantPark, we pointed out what we liked and what we did not like about this BDC. We review the performance of this company rel more_horizontal