PFLT Equity Offering & Q4 Estimates: Hold Off On Purchases
PFLT Quick Update:
After the markets closed, PFLT announced an equity offering. Included in the SEC filing were preliminary estimates for calendar Q4 that will be taken into account with the updated projections.
NII/earnings between $0.29 and $0.31 per share (compared to analyst estimates of $0.30 and dividends of $0.285). Very boring and near previous qu…