The earnings call highlighted strong investment opportunities and portfolio growth, particularly in the joint venture segment. However, challenges remain with net investment income not covering dividends, high nonaccruals, and slow equity rotation. Despite the positive aspects, these issues present significant concerns.

Company Guidance -

Q3 2025

During PennantPark Investment Corporation's first fiscal quarter of 2025 earnings call, key metrics were disclosed in relation to the company's financial performance and portfolio management. For the quarter ending December 31, the GAAP and core net investment income stood at $0.20 per share, slightly below the $0.24 quarterly dividend. Despite this, the company has $65 million or $0.99 per share of undistributed spillover income. The portfolio was valued at $1.3 billion, with $296 million invested in 12 new and 61 existing companies at a weighted average yield of 10.6%. The portfolio's weighted average debt-to-EBITDA ratio was 4x, with a weighted average interest coverage of 2.2x. Additionally, the JV portfolio grew to $1.3 billion, and investments in the JV yielded an 18.4% return on invested capital. The company reported two nonaccruals, representing 4.3% of the portfolio at cost and 1.5% at market value. These metrics reflect PennantPark's commitment to strategic investment and capital preservation in the core middle market.

Attractive Investment Opportunities and Portfolio Growth

During the quarter, $296 million was invested in 12 new and 61 existing portfolio companies at a weighted average yield of 10.6%. The portfolio's weighted average leverage ratio was 4.9x, with an interest coverage of 1.9x.

Strong Performance of Joint Venture (JV) Portfolio

The JV portfolio grew to $1.3 billion, with an 18.4% return on invested capital over the last 12 months. The JV has the capacity to increase its portfolio to $1.6 billion.

Positive Financial Metrics

GAAP and adjusted NAV increased by 0.1% to $7.57 per share from $7.56. The weighted average yield on debt investments was 12%.

Low Loss Ratio on Investments

Since inception, PNNT has invested $8.6 billion at an average yield of 11.3% with a loss ratio on invested capital of approximately 20 basis points annually.

Pennantpark Investment (PNNT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PNNT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 11, 2025	2025 (Q3)	0.18 / -	0.24	―	―	―
May 12, 2025	2025 (Q2)	0.19 / 0.18	0.22	-18.18% (-0.04)	―
Feb 10, 2025	2025 (Q1)	0.21 / 0.20	0.24	-16.67% (-0.04)	―
Nov 25, 2024	2024 (Q4)	0.22 / 0.22	0.24	-8.33% (-0.02)	―
Aug 07, 2024	2024 (Q3)	0.23 / 0.24	0.35	-31.43% (-0.11)	―
May 08, 2024	2024 (Q2)	0.24 / 0.22	0.26	-15.38% (-0.04)	―
Feb 07, 2024	2024 (Q1)	0.23 / 0.24	0.16	50.00% (+0.08)	―
Nov 15, 2023	2023 (Q4)	0.22 / 0.24	0.14	71.43% (+0.10)	―
Aug 09, 2023	2023 (Q3)	0.29 / 0.35	0.16	118.75% (+0.19)	―
May 10, 2023	2023 (Q2)	0.20 / 0.26	0.18	44.44% (+0.08)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PNNT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 12, 2025	$6.41	$6.63	+3.43%
Feb 10, 2025	$6.70	$6.66	-0.60%
Nov 25, 2024	$6.32	$6.30	-0.32%
Aug 07, 2024	$5.94	$6.00	+1.01%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Pennantpark Investment Corp. (PNNT) report earnings?

Pennantpark Investment Corp. (PNNT) is schdueled to report earning on Aug 11, 2025, After Close (Confirmed).

What is Pennantpark Investment Corp. (PNNT) earnings time?

Pennantpark Investment Corp. (PNNT) earnings time is at Aug 11, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PNNT EPS forecast?

PNNT EPS forecast for the fiscal quarter 2025 (Q3) is 0.18.

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