Recap: BlackRock Cap Inv Q3 Earnings
Portfolio Pulse from Benzinga Insights
BlackRock Cap Inv (NASDAQ:BKCC) reported its Q3 earnings results, beating estimated earnings by 8.33% with an EPS of $0.13 versus an estimate of $0.12. Revenue was up $5.32 million from the same period last year. Last quarter, the company also beat EPS estimates, which was followed by a 1.11% increase in the share price the next day.
November 08, 2023 | 9:31 pm
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BlackRock Cap Inv's Q3 earnings beat estimates, which could lead to a positive impact on its stock price, similar to the 1.11% increase observed after last quarter's earnings beat.
BlackRock Cap Inv has a history of beating earnings estimates, which typically leads to a positive reaction in the stock market. Given that the company beat estimates again this quarter, it's likely that we'll see a similar positive reaction.
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