BlackRock TCP Capital Corp Reports Lower-than-Expected Q4 Earnings
Thursday, 29 February 2024, 13:05
BlackRock TCP Capital Misses Q4 Earnings Estimates
BlackRock TCP Capital Corp has announced its financial results for 2023, revealing a disappointing fourth-quarter performance that saw a miss in GAAP EPS by $0.03 and total investment income by $1.57M.
Key Points:
- Q4 GAAP EPS missed by $0.03
- Total investment income was $50.8M, a shortfall of $1.57M
- The results raise concerns over the company's profitability and revenue targets
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