BlackRock TCP Cap Q2 EPS $0.48 Beats $0.43 Estimate, Sales $53.96M Beat $51.17M Estimate
Portfolio Pulse from Benzinga Newsdesk
BlackRock TCP Cap (NASDAQ:TCPC) reported Q2 earnings of $0.48 per share, beating the analyst consensus estimate of $0.43 by 11.63%. This is a 29.73% increase from the same period last year. The company also reported quarterly sales of $53.96 million, beating the analyst consensus estimate of $51.17 million by 5.45%. This is a 22.76% increase from the same period last year.

August 04, 2023 | 1:08 pm
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POSITIVE IMPACT
BlackRock TCP Cap's Q2 earnings and sales beat estimates, with a significant YoY increase. This could potentially lead to a positive short-term impact on the stock.
BlackRock TCP Cap reported better than expected Q2 earnings and sales, with a significant increase from the same period last year. This positive financial performance could increase investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100