FS KKR Capital Corp. (FSK) Tops Q4 EPS by 12c

FS KKR Capital Corp. (NYSE: FSK) reported Q4 EPS of $0.72, $0.12 better than the analyst estimate of $0.60.

"We were pleased to conclude 2020 with such a positive quarter," commented Michael C. Forman, CEO & Chairman. "Across our BDC franchise during the fourth quarter, we originated approximately $1.9 billion of new investments, $613 million of which were within FSK. At FSK, our net investment income per share more than covered our $0.60 quarterly dividend, and our net asset value increased by 2.3% quarter over quarter. Additionally, in November we announced the proposed merger of FSK and FSKR, which would create a single BDC with approximately $16 billion in assets, and in December we accessed the public debt markets raising $1 billion in long term, unsecured capital at attractive rates. As a result, we enter 2021 with excitement regarding our prospects from both an operational and investment standpoint."

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

You May Also Be Interested In

• BofA lists top 5 themes driving next $1tn in incremental semi sales
• TWO Announces Adjournment of Special Meeting
• Synopsys upgraded at Piper Sandler on Intel foundry momentum, Apple opportunity