BlackRock Capital Investment Corporation (BKCC) Tops Q1 EPS by 1c

BlackRock Capital Investment Corporation (NASDAQ: BKCC) reported Q1 EPS of $0.18, $0.01 better than the analyst estimate of $0.17.

• GAAP Net Investment Income (NII) of $0.17 per share providing first quarter distribution coverage of approximately 92%.
• Net Asset Value (NAV) per share increased 1.1% or $0.08 per share to $7.15 per share on a quarter-over-quarter basis.
• Net leverage of 0.37x was slightly up reflecting a net increase in investments. Total liquidity for portfolio company investments, including cash, was approximately $268.8 million, subject to leverage and borrowing base restrictions.
• Under our existing share repurchase program, we repurchased 85,543 shares of common stock for $0.5 million at an average price of $5.49, including brokerage commissions, via open market purchases in the first quarter.

For earnings history and earnings-related data on BlackRock Capital Investment Corporation (BKCC) click here.

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