The earnings call conveyed a generally positive outlook for Prospect Capital, emphasizing strong net investment income, successful portfolio repositioning, and impressive real estate returns. However, challenges such as reduced payment-in-kind income and industry-specific issues in the multifamily real estate segment were noted.

Company Guidance

During the Prospect Capital Corporation's fiscal year-end earnings call, key financial metrics and strategic guidance were discussed. For the June quarter of 2025, Prospect reported a net investment income (NII) of $79 million or $0.17 per common share, and a net asset value (NAV) of $3 billion, equating to $6.56 per share. The company's net debt to total assets ratio was 30.4%, with unsecured debt making up 77.1% of total debt and preferred shares. Prospect Capital declared monthly shareholder distributions of $0.045 per share for September and October and has distributed approximately $4.6 billion, or $21.66 per share, since its IPO. The company is focusing on its core business of first lien senior secured middle market loans, with the first lien mix increasing by 642 basis points to 70.5% from the previous year. They are also reducing second lien loans and have nearly exited subordinated structured notes, now at 0.6% of the portfolio. Their investment strategy includes targeting companies with less than $50 million EBITDA and focusing on middle market senior secured loans, which offer double-digit yields. As of June 2025, Prospect held 97 portfolio companies across 33 industries with a fair value of $6.7 billion. The company has significant liquidity with $1.3 billion in cash and undrawn credit, and its debt maturities extend through 2052, with a weighted average cost of unsecured debt financing at 4.52%.

Strong Net Investment Income and Distributions

Net investment income (NII) for the quarter was $79 million, translating to $0.17 per common share. The company announced monthly common shareholder distributions of $0.045 per share for September and October.

Successful Portfolio Repositioning

The company increased its first lien senior secured middle market loans to 70.5%, up 642 basis points from last year, while reducing second lien loans to 13.7%.

Impressive Real Estate Returns

Since the inception of the real estate strategy in 2012, the company exited 52 property investments earning a gross cash IRR of 24%. The remaining portfolio yielded an income of 4.5% for the June quarter.

Investment Portfolio and Yield

The company held 97 portfolio companies with an aggregate fair value of $6.7 billion. Performing interest-bearing investments generated an annualized yield of 12.2%.

Strong Liquidity and Balance Sheet

Prospect held $1.3 billion in combined balance sheet cash and undrawn revolving credit facility commitments, with 62% of assets unencumbered.

Prospect Capital (PSEC) 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 >

PSEC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2026 (Q1)	0.11 / -	0.21	―	―	―
Aug 26, 2025	2025 (Q4)	0.13 / 0.17	0.25	-32.00% (-0.08)	―
May 08, 2025	2025 (Q3)	0.14 / 0.19	0.23	-17.39% (-0.04)	―
Feb 10, 2025	2025 (Q2)	0.14 / 0.20	0.24	-16.67% (-0.04)	―
Nov 08, 2024	2025 (Q1)	0.17 / 0.21	0.31	-32.26% (-0.10)	―
Aug 28, 2024	2024 (Q4)	0.18 / 0.25	0.28	-10.71% (-0.03)	―
May 08, 2024	2024 (Q3)	0.20 / 0.23	0.26	-11.54% (-0.03)	―
Feb 08, 2024	2024 (Q2)	0.22 / 0.24	0.27	-11.11% (-0.03)	―
Nov 08, 2023	2024 (Q1)	0.21 / 0.31	0.25	24.00% (+0.06)	―
Aug 29, 2023	2023 (Q4)	0.21 / 0.28	0.23	21.74% (+0.05)	―

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

PSEC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 26, 2025	$2.78	$2.90	+4.32%
May 08, 2025	$3.42	$3.34	-2.34%
Feb 10, 2025	$3.81	$3.92	+2.89%
Nov 08, 2024	$4.64	$3.96	-14.66%

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 Prospect Capital Corp. (PSEC) report earnings?

Prospect Capital Corp. (PSEC) is schdueled to report earning on Nov 05, 2025, TBA (Confirmed).

What is Prospect Capital Corp. (PSEC) earnings time?

Prospect Capital Corp. (PSEC) earnings time is at Nov 05, 2025, TBA (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 PSEC EPS forecast?

PSEC EPS forecast for the fiscal quarter 2026 (Q1) is 0.11.

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