Patria Reports First Quarter 2021 Earnings Results

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Prospect Acquisition Corporation (PAX) Misses Q1 EPS by 0.5c

May 20, 2021 6:09 AM EDT

Prospect Acquisition Corporation (NASDAQ: PAX) reported Q1 EPS of $0.125, $0.005 worse than the analyst estimate of $0.13.

Alex Saigh, Patria's CEO, said: "We are pleased with our strong results for the 1st quarter, with management fees increasing 31% and Fee Related Earnings increasing 14% compared to the prior... More