FS KKR Capital Corp. (FSK) Tops Q3 EPS by 2c

FS KKR Capital Corp. (NYSE: FSK) reported Q3 EPS of $0.63, $0.02 better than the analyst estimate of $0.61.

Financial and Operating Highlights for the Quarter Ended September 30, 2020(1)

• Net investment income of $0.63 per share, compared to $0.89 per share for the quarter ended September 30, 2019
• Total net realized and unrealized gain of $1.06 per share, compared to a total net realized and unrealized loss of $0.34 per share for the quarter ended September 30, 2019
• Paid cash distributions to stockholders totaling $0.60 per share(2)
• Total purchases of $174 million versus $322 million of sales and repayments, including $91 million of sales to its joint venture Strategic Credit Opportunities Partners, LLC, or SCJV
• Net asset value of $24.46 per share, compared to $23.37 per share as of June 30, 2020

"The third quarter was a positive quarter on a number of fronts," commented Michael C. Forman, CEO & Chairman. "Our net investment income per share comfortably covered our quarterly dividend, our net asset value per share increased by 4.7%, and our annualized quarterly dividend of $2.40 per share continues to exceed our targeted yield to investors of 9.0%. Overall, we are pleased with the quarter and how we are positioned for success as we plan for 2021 and beyond."

For earnings history and earnings-related data on FS KKR Capital Corp. (FSK) click here.

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