Blackrock Capital Investment Corp (BKCC) reported quarterly earnings results on Wednesday, Jul-27-2016. The company said it had a profit of $0.30 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.05. Analysts had a consensus of $0.25. Analysts expectations of $31.04 million. During the same quarter in the previous year, the company posted $0.23 EPS.
Blackrock Capital Investment Corp opened for trading at $8.16 and hit $8.5 on the upside on Thursday, eventually ending the session at $8.37, with a gain of 0.60% or 0.05 points. The heightened volatility saw the trading volume jump to 4,23,841 shares. Company has a market cap of $611 M.
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.