WASHINGTON (dpa-AFX) - Prospect Capital Corporation (PSEC) revealed a profit for first quarter that dropped from the same period last year.
The company's profit came in at $18.06 million, or $0.05 per share. This compares with $83.79 million, or $0.23 per share, in last year's first quarter.
Analysts had expected the company to earn $0.20 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
Prospect Capital Corporation earnings at a glance:
-Earnings (Q1): $18.06 Mln. vs. $83.79 Mln. last year. -EPS (Q1): $0.05 vs. $0.23 last year. -Analysts Estimate: $0.20
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