Palmer Square reports Q2 EPS 48c, consensus 51c

Reports Total investment income of $36.5M for the second quarter of 2024, compared to $27.4Mfor the prior year period…Net investment income of $15.8 M or $0.48 per share for the second quarter of 2024, as compared to $14.2 M or $0.56 per share for the comparable period last year…”Palmer Square Capital BDC reported strong second quarter results, continuing to demonstrate the power of our differentiated liquid loan strategy that enables us to capitalize on market dislocations across the syndicated and private credit markets,” said Christopher D. Long, Chairman and Chief Executive Officer of PSBD. “PSBD remains well-positioned for upside in this dynamic operating environment. Given our team’s experience across cycles, and the potential for some near-term volatility with macro and political uncertainty, our team is excited to continue demonstrate the benefits of our liquid strategy to generate long-term shareholder value.”