Prospect Capital Q4 EPS $0.23 Beats $0.21 Estimate, Sales $221.50M Beat $216.46M Estimate
Portfolio Pulse from Happy Mohamed
Prospect Capital reported Q4 earnings of $0.23 per share, beating the analyst consensus estimate of $0.21 by 9.52%. The company also reported quarterly sales of $221.50 million, surpassing the analyst consensus estimate of $216.46 million by 2.33%. This represents a 19.98% increase over sales from the same period last year.

August 29, 2023 | 8:03 pm
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POSITIVE IMPACT
Prospect Capital's Q4 earnings and sales beat estimates, which could lead to a positive short-term impact on its stock.
Prospect Capital reported better-than-expected Q4 earnings and sales, which is typically a positive signal for investors and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100