WASHINGTON (dpa-AFX) - Prospect Capital Corp. (PSEC) reported that its second-quarter Net investment income was $36.5 million or $0.33 per share, up from $19.1 million or $0.23 per share in the year ago quarter.
Net Increase in Net Assets Resulting from Operations was $64.49 million, compared to $31.94 million in the year ago quarter. Net increase in net assets resulting from operations per share was $0.59, up from $0.38 last year.
Total Investment Income rose to $67.26 million from $33.30 million in the year ago quarter.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.29 per share on revenues of $62.57 million for the quarter. Analysts' estimates typically exclude special items.
The company estimate that its Net investment income for the third fiscal quarter ended March 31, 2012 will be $0.53 to $0.58 per share. Analysts polled by Thomson Reuters expect the company to report earnings of $0.28 per share for the third-quarter.
Copyright RTT News/dpa-AFX