Aug 3, 2022Updated: Aug 3, 2022 8:11 am
SANTA MONICA, Calif. (AP) _ BlackRock TCP Capital Corp. (TCPC) on Wednesday reported a loss of $128,000 in its second quarter.
The Santa Monica, California-based company said it had a loss of less than 1 cent on a per-share basis. Earnings, adjusted for investment costs, were 37 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share.
The investment company posted revenue of $44 million in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TCPC at https://www.zacks.com/ap/TCPC
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