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Stock impact report

PennantPark (PNNT) Stock Drops Despite Market Gains: Important Facts to Note [Yahoo! Finance]

PennantPark Investment Corporation (PNNT) 
Last pennantpark investment corporation earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: pennantparkinvestment.mwnewsroom.com
Company Research Source: Yahoo! Finance
The stock fell short of the S&P 500, which registered a gain of 0.08% for the day. Meanwhile, the Dow lost 0.26%, and the Nasdaq, a tech-heavy index, added 0.36%. Coming into today, shares of the business development company had gained 3.34% in the past month. In that same time, the Finance sector lost 2.71%, while the S&P 500 gained 2.4%. The upcoming earnings release of PennantPark will be of great interest to investors. The company's earnings report is expected on February 7, 2024. On that day, PennantPark is projected to report earnings of $0.23 per share, which would represent year-over-year growth of 43.75%. Simultaneously, our latest consensus estimate expects the revenue to be $32.46 million, showing an 8.33% escalation compared to the year-ago quarter. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.92 per share and a revenue of $134.31 million, representing changes of -8% and -7.6%, respectively, from the prior year. Investors Show less Read more
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