FS KKR Capital Corp. (NYSE:FSK) is expected to report third quarter earnings results, after market close, on Monday 9th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.61 per share from revenue of $ 146.86 million.
Looking ahead, the full year income are expected at $ 2.61 per share on the revenues of $ 624.03 million.
Previous Quarter Performance
FS KKR Capital Corp. unwinded income for the second quarter of $ 0.62 per share, from the revenue of $ 150.00 million. The quarterly earnings shrunk 18.42 percent while revenues shrunk 22.18 percent compared with the same quarter last year.
According to street consensus, FSK was expected to report 2Q20 income of $ 0.63 per share from revenue of $ 159.72 million. The bottom line results missed street analysts by $ 0.01 or 1.59 percent, at the same time, top line results fell short of analysts by $ 9.72 million or 6.09 percent.
Stock Performance
On Friday, shares of FS KKR Capital Corp. has traded high as $ 15.44 and has cracked $ 15.13 on the downward trend, reaching $ 15.22 with volume of 344.30 thousand shares.
According to the previous trading day, closing price of $ 15.22, representing a 99.47 % increase from the 52 week low of $ 7.60 and a 40.6 % decrease over the 52 week high of $ 25.52.
The company has a market capital of $ 1.88 billion and is part of the Financial Services sector and Asset Management industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.60 per share on August 10, 2020. The dividend were payable on October 1, 2020 to holders of record as of the close of business on September 16, 2020 and ex-dividend date on September 15, 2020.
FS KKR Capital Corp. is a business development company specializing in investments in debt securities. It seeks to purchase interests in loans through secondary market transactions or directly from the target companies as primary market investments.
