Prospect Capital Corporation Bottom Line Retreats 46% In Q2

(RTTNews) - Prospect Capital Corporation (PSEC) revealed earnings for second quarter that fell from last year.

The company said its bottom line came in at $51.17 million, or $0.14 per share. This was lower than $95.16 million, or $0.27 per share, in last year's second quarter.

Analysts had expected the company to earn $0.21 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Prospect Capital Corporation earnings at a glance:

-Earnings (Q2): $51.17 Mln. vs. $95.16 Mln. last year. -Earnings Decline (Y-o-Y): -46.2% -EPS (Q2): $0.14 vs. $0.27 last year. -EPS Decline (Y-o-Y): -48.1% -Analysts Estimate: $0.21