Keefe, Bruyette & Woods analyst Ryan Lynch downgrades Pennant Park Investment (NYSE:PNNT) from Outperform to Market Perform and lowers the price target from $7 to $5.5.
Pennant Park Investment (NYSE:PNNT) reported its Q3 earnings results on Wednesday, August 3, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Companies Reporting Before The Bell
• Seres Therapeutics (NASDAQ:MCRB) is estimated to report quarterly loss at $0.52 per share on revenue of $8.48 million.
Pennant Park Investment (NASDAQ:PNNT) reported quarterly earnings of $0.19 per share which beat the analyst consensus estimate of $0.14 by 35.71 percent. This is a 58.33 percent increase over earnings of $0.12 per share