BlackRock TCP Cap Q3 2023 EPS $0.49 Beats $0.47 Estimate, Sales $54.21M Beat $52.65M Estimate
Portfolio Pulse from vinayak@benzinga.com
BlackRock TCP Cap (NASDAQ:TCPC) reported Q3 2023 earnings of $0.49 per share, beating the analyst consensus estimate of $0.47 by 4.26%. This is a 16.67% increase from the same period last year. The company also reported quarterly sales of $54.21 million, beating the analyst consensus estimate of $52.65 million by 2.96%, a 12.46% increase from the same period last year.
November 02, 2023 | 12:18 pm
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POSITIVE IMPACT
BlackRock TCP Cap's Q3 2023 earnings and sales beat estimates, which could lead to a positive short-term impact on the stock.
BlackRock TCP Cap reported better than expected earnings and sales for Q3 2023. This positive financial performance could increase investor confidence and demand for the stock, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100