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.