BlackRock Cap Inv's Earnings Outlook

BlackRock Cap Inv BKCC is set to give its latest quarterly earnings report on Tuesday, 2024-03-05. Here's what investors need to know before the announcement.

Analysts estimate that BlackRock Cap Inv will report an earnings per share (EPS) of $0.12.

BlackRock Cap Inv bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.01, which was followed by a 0.84% drop in the share price the next day.

Here's a look at BlackRock Cap Inv's past performance and the resulting price change:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.12 0.11 0.11 0.09
EPS Actual 0.13 0.12 0.12 0.11
Price Change % -1.0% 1.0% -1.0% -1.0%

eps graph

Stock Performance

Shares of BlackRock Cap Inv were trading at $3.68 as of March 01. Over the last 52-week period, shares are down 2.15%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for BlackRock Cap Inv visit their earnings calendar on our site.

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

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