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BlackRock Kelso: 4Q Earnings Snapshot

March 4, 2020 GMT

NEW YORK (AP) _ BlackRock Kelso Capital Corp. (BKCC) on Wednesday reported a loss of $1.6 million in its fourth quarter.

On a per-share basis, the New York-based company said it had a loss of 2 cents. Earnings, adjusted for investment costs, were 14 cents per share.

The closed-end investment company posted revenue of $19.2 million in the period.

For the year, the company reported that its loss narrowed to $6.9 million, or 10 cents per share. Revenue was reported as $78.1 million.

In the final minutes of trading on Wednesday, the company’s shares hit $4.77. A year ago, they were trading at $6.29.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BKCC at https://www.zacks.com/ap/BKCC