Recap: BlackRock TCP Capital Q1 Earnings

BlackRock TCP Capital TCPC reported its Q1 earnings results on Wednesday, May 4, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

BlackRock TCP Capital beat estimated earnings by 9.68%, reporting an EPS of $0.34 versus an estimate of $0.31.

Revenue was up $987.00 thousand from the same period last year.

Last quarter the company missed on EPS by $0.01 which was followed by a 1.63% increase in the share price the next day.

Here's a look at BlackRock TCP Capital's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.32	0.32	0.33	0.32
EPS Actual	0.31	0.32	0.31	0.32
Revenue Estimate	41.45M	43.00M	42.99M	41.45M
Revenue Actual	39.58M	42.72M	41.65M	41.16M

To track all earnings releases for BlackRock TCP Capital visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.