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home / news releases / BIZD - Fully Assessing Prospect Capital's Fiscal Q3 2019 (Includes Current Recommendation And Price Target)


BIZD - Fully Assessing Prospect Capital's Fiscal Q3 2019 (Includes Current Recommendation And Price Target)

Introduction/Recap:

On 5/8/2019, Prospect Capital Corp. (PSEC) reported quarterly net investment income (“NII”) of $0.211 per share, earnings per share (“EPS”) (also known as “net assets resulting from operations”) of $0.243, and a net asset value (“NAV”) as of 3/31/2019 of $9.08 per share. In comparison, I projected PSEC would report quarterly NII of $0.192 per share (“skewed” range was $0.182 - $0.222 per share), EPS of $0.315 per share, and a NAV as of 3/31/2019 of $9.15 per share (range $8.95 - $9.35 per share) in the following article:

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Stock Information

Company Name: VanEck Vectors BDC Income
Stock Symbol: BIZD
Market: NYSE

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