PennantPark Floating Rate Capital Ltd Earnings
The next earnings date for PennantPark Floating Rate Capital Ltd is August 11, 2025.
They are scheduled to announce earnings after the market closes that day.
Analyst Estimates of PennantPark Floating Rate Capital Ltd Earnings
What is an Earnings Date
An earnings date is typically considered to be the date that a company publicly announces its earnings. Many companies in the US stock market do earnings announcements once per quarter.
Earnings announcements are typically accompanied by commentary from the company that explains the earnings performance and speaks to future earnings prospects.
Earnings announcements can cause a company’s stock price to change abruptly, so earnings dates are closely monitored by some investors.
PennantPark Floating Rate Capital Ltd Earnings: Historical
More About PennantPark Floating Rate Capital Ltd
PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The companies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years.
“PennantPark Floating Rate Capital Ltd Earnings” Can Refer to the PennantPark Floating Rate Capital Ltd Earnings Date
Some people say “PennantPark Floating Rate Capital Ltd earnings” as a shortform way to refer to the earnings date.
For example, someone might say, “I plan to hold my PennantPark Floating Rate Capital Ltd position through earnings.” That typically means the person is going to hold their position through the upcoming earnings date.
Owning PennantPark Floating Rate Capital Ltd Stock on the Earnings Date
If you own PennantPark Floating Rate Capital Ltd stock (PFLT) on the earnings date, then you will be exposed to the potential price volatility that often accompanies earnings announcements.
A company’s earnings typically have a big impact on its stock price, which explains why the stock price for PennantPark Floating Rate Capital Ltd might exhibit major fluctuations on the day of the earnings announcement. The price fluctuations can go in either direction (up or down), representing a larger potential investment risk and reward than many other days of the year.
There is often a big audience of investors involved with trading PennantPark Floating Rate Capital Ltd shares of stock on its earnings day. This means there is typically more trading volume, liquidity, and price volatility on the day earnings are announced.
These features are attractive to some types of active traders who are looking for stocks that exhibit large price movements and substantial volume.
Learning More PennantPark Floating Rate Capital Ltd Earnings
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