PennantPark Floating Rate Capital earnings missed by $0.03, revenue topped estimates

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PennantPark Floating Rate Capital (NYSE: PFLT) reported first-quarter EPS of $0.27, missing analyst estimates by $0.03. However, the company’s revenue for the quarter came in at $70.09 million, slightly topping the consensus estimate of $70 million. The stock price has seen a 2.72% increase in the last three months but a 17.28% decrease over the past 12 months.

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