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BlackRock Kelso: 3Q Earnings Snapshot

October 30, 2019 GMT

NEW YORK (AP) _ BlackRock Kelso Capital Corp. (BKCC) on Wednesday reported a third-quarter loss of $12.7 million, after reporting a profit in the same period a year earlier.

The New York-based company said it had a loss of 18 cents per share. Earnings, adjusted for investment costs, came to 14 cents per share.

The closed-end investment company posted revenue of $20 million in the period.

In the final minutes of trading on Wednesday, the company’s shares hit $4.65. A year ago, they were trading at $5.74.


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