TSLX - Detailed Assessment Of Prospect Capital's Fiscal Q4 2019 (Includes Current Recommendation And Price Target)
Introduction/Recap:
On 8/27/2019, Prospect Capital Corp. (PSEC) reported quarterly net investment income (“NII”) of $0.190 per share, earnings per share (“EPS”) (also known as “net assets resulting from operations”) of $0.106, and a net asset value (“NAV”) as of 6/30/2019 of $9.01 per share. In comparison, I projected PSEC would report quarterly NII of $0.190 per share (“skewed” range was $0.18-0.22 per share), EPS of $0.104 per share, and a NAV as of 6/30/2019 of $9.00 per share (range $8.80-9.20 per share) in the following article: