The earnings call highlighted strong net investment income, substantial shareholder distributions, and a robust investment portfolio with high interest yields. However, there are concerns about decreased payment in kind income, low yields on the real estate portfolio, and potential challenges in maintaining dividend coverage with changing market conditions.

Company Guidance -

Q4 2025

During the Prospect Capital Third Fiscal Quarter Earnings Release and Conference Call, several key financial metrics were highlighted. For the March quarter, the net investment income (NII) was reported at $83.5 million, equating to $0.19 per common share. The net asset value (NAV) stood at $3.2 billion, translating to $7.25 per common share. The company's net debt to total assets ratio was 28.7%, with unsecured debt plus unsecured preferred accounting for 87.5% of total debt plus preferred. Prospect Capital announced monthly shareholder distributions of $0.45 per share for May, June, July, and August. As of March 2025, the company held 114 portfolio companies with an aggregate fair value of $6.9 billion. The portfolio consisted of 65.5% first lien debt, 10.5% senior secured second lien debt, 4.2% subordinated structured notes, and 19.8% unsecured debt and equity investments. The firm also reported $196 million in investment originations, with $149 million allocated to first lien senior secured loans. The company's real estate property portfolio generated an income yield of 4.5% for the quarter, and their performing interest-bearing investments yielded an annualized rate of 11.5%. Prospect Capital's financial strategy includes a focus on first lien senior secured loans and an emphasis on maintaining substantial liquidity and diversified funding sources.

Strong Net Investment Income

Net Investment Income (NII) for the March quarter was $83.5 million, equating to $0.19 per common share.

Significant Shareholder Distributions

Prospect Capital announced monthly common shareholder distributions of $0.45 per share for May, June, July, and August, with total distributions since inception reaching over $4.5 billion or $21.57 per share.

Robust Investment Portfolio

As of March 2025, the portfolio comprised 114 companies across 33 industries with a fair value of $6.9 billion, with 65.5% in first lien debt, up 650 basis points from the prior year.

Strong Risk-Adjusted Yields

Performing interest-bearing investments generated an annualized yield of 11.5% as of March, with interest income comprising 93% of total investment income.

Substantial Liquidity and Strong Balance Sheet

Prospect's cash and undrawn revolving credit facility commitments stood at $1.7 billion, with 63% 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
Aug 26, 2025	2025 (Q4)	0.13 / -	0.25	―	―	―
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)	―
May 09, 2023	2023 (Q3)	0.23 / 0.26	0.22	18.18% (+0.04)	―

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
May 08, 2025	$3.47	$3.40	-2.02%
Feb 10, 2025	$3.87	$3.98	+2.84%
Nov 08, 2024	$4.71	$4.03	-14.44%
Aug 28, 2024	$4.42	$4.40	-0.45%

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 Aug 26, 2025, TBA (Confirmed).

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

Prospect Capital Corp. (PSEC) earnings time is at Aug 26, 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 2025 (Q4) is 0.13.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing