BlackRock Cap Inv Q4 2023 GAAP EPS $0.120, Inline, Sales $20.309M Beat $20.060M Estimate
Portfolio Pulse from Benzinga Newsdesk
BlackRock Cap Inv (NASDAQ:BKCC) reported Q4 2023 earnings of $0.120 per share, meeting consensus estimates. Quarterly sales were $20.309M, exceeding estimates by 1.24% and marking a 16.32% increase from the previous year.
March 05, 2024 | 9:20 pm
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BlackRock Cap Inv reported Q4 2023 earnings of $0.120 per share, in line with estimates, and sales of $20.309M, beating estimates by 1.24% and showing a 16.32% increase YOY.
Meeting earnings estimates and exceeding revenue expectations, especially with a significant year-over-year growth, is generally viewed positively by the market. This performance could lead to increased investor confidence in BKCC, potentially driving up its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100