Prospect Capital第四季度每股NII指数领先共识;发行数量增加

Prospect Capital (NASDAQ:PSEC) posted stronger than expected earnings in the last quarter of its fiscal year while total originations climbed Q/Q.

Fiscal Q4 net investment per common share of $0.25, exceeding the Visible Alpha consensus of $0.18, increased from C$0.23 in Q3 and dipped from $0.28 in Q4 2023.

Total interest income of $189.3M, topping the Visible Alpha consensus of $183.8M, declined from $197.5M a year ago.

Prospect Capital (PSEC) stock rose 0.6% in after-hours trading.

Total originations of $242.1M increased from $219.5M in the prior quarter. Total repayments and sales of $244.7M jumped from $114.5M in Q3.

For Q1-to-date, total originations are $161.5M and repayments and sales are $253.2M.

Annualized current yield, performing interest-bearing investments, was 12.1%, unchanged from Q3 and down from 13.2% in Q4 2023.

Total investments at fair value were $7.72B at June 30, 2024, vs. $7.81B at March 31, and $7.72B at June 30, 2023.

Non-accrual loans as a percentage of total assets were 0.3% in Q4 vs. 0.4% in the prior quarter and 1.1% a year earlier.

Net asset value per common share fell to $8.74 from $9.24 a year ago.

Conference call on Aug. 29 at 9:00 AM ET.

Earlier, Prospect Capital reports Q4 results