Blackrock Capital Investment Corp (BKCC) Releases Earnings Results, Misses Expectations By $-0.03 EPS

Blackrock Capital Investment Corp (BKCC) reported quarterly earnings results on Wednesday, Apr-27-2016. The company reported $0.24 earnings per share for the quarter, missing the analyst consensus estimate by $-0.03. Analysts had a consensus of $0.27. The company posted revenue of $29.84 million in the period, compared to analysts expectations of $33.99 million. The company’s revenue was down -3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.29 EPS.

Many Wall Street Analysts have commented on Blackrock Capital Investment Corp. Blackrock Capital Investment Corp was Downgraded by Keefe Bruyette to ” Mkt Perform” on Feb 19, 2016.

Blackrock Capital Investment Corp closed down -0.04 points or -0.42% at $9.5 with 1,87,724 shares getting traded on Friday. Post opening the session at $9.5, the shares hit an intraday low of $9.45 and an intraday high of $9.58 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Aug 5, 2015, Corinne Pankovcin (CFO) purchased 3,250 shares at $9.24 per share price. According to the SEC, on May 15, 2015, Steven Sterling (CEO) purchased 20,000 shares at $9.40 per share price.

BlackRock Capital Investment Corporation formerly BlackRock Kelso Capital Corporation is a private equity company that is externally-managed non-diversified closed-end management investment company that provides middle-market companies with flexible financing solutions including senior and junior secured unsecured and subordinated debt securities and loans and equity securities. The Company invests primarily in middle-market companies with annual revenues typically between $50 million and $1 billion and targets investments throughout the capital structure. The investment activities of the Company are managed by the BlackRock Kelso Capital Advisors (Advisor) which is responsible for sourcing potential investments.

Blackrock Capital Investment Corp

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