BlackRock TCP Capital (TCPC) Reports In-Line Q1 EPS

BlackRock TCP Capital (NASDAQ: TCPC) reported Q1 EPS of $0.32, in-line with the analyst estimate of $0.32. Revenue for the quarter came in at $41.16 million versus the consensus estimate of $41.45 million.

"We are pleased to report continuing strong performance, with further NAV improvement driven by strong credits across the portfolio,” said Howard Levkowitz, BlackRock TCP Capital Corp. Chairman and CEO. "Our ability to source deals across a broad platform, coupled with our ongoing focus on less cyclical industries and established middle-market companies with resilient business models, as well as our ability to access a variety of capital markets at attractive rates, enables us to consistently deliver favorable risk-adjusted returns to our shareholders."

For earnings history and earnings-related data on BlackRock TCP Capital (TCPC) click here.

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