Prospect Capital Q4 Net Investment Income Up - Quick Facts

(RTTNews) - Prospect Capital Corp. (PSEC) Wednesday said fourth-quarter net investment income increased to $92.10 million from $64.23 million in the same period last year. On a per-share basis, net investment income dropped to $0.38 from $0.51 last year.

On average, six analysts polled by Thomson Reuters expected the company to earn $0.30 per share for the quarter. Analysts' estimates typically exclude special items.

Net increase in net assets resulting from operations totaled $82.87 million or $0.34 per share, up from $36.30 million or $0.29 per share last year.

Interest income jumped to $130.67 million from $56.07 million. Dividend income totaled $14.46 million, down from $33.33 million last year.

Net asset value at end of period was $10.72, compared to $10.83 last year.