NASDAQ$TCPC
BlackRock TCP Capital Corp · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
BlackRock TCP Capital Corp. announced financial results for the first quarter ended March 31, 2024.
BlackRock TCP Capital Corp. reported a net investment income of $28.3 million, or $0.46 per share, for the quarter ended March 31, 2024. The company completed its acquisition of BlackRock Capital Investment Corporation on March 18, 2024. Total acquisitions during the quarter were approximately $607.0 million, including $587.0 million of investments acquired as a result of the Merger.
- Net investment income for the quarter ended March 31, 2024 was $28.3 million, or $0.46 per share on a diluted basis.
- Adjusted net investment income for the quarter ended March 31, 2024 was $27.7 million, or $0.45 per share on a diluted basis, excluding amortization of purchase discount recorded in connection with the Merger.
- Net asset value per share was $11.14 at March 31, 2024, compared to $11.90 at December 31, 2023.
- Total acquisitions during the quarter ended March 31, 2024 were approximately $607.0 million, including $587.0 million of investments acquired as a result of the Merger.
Headline financials
Revenue & EPS history
BlackRock TCP · Revenue · Quarterly
$28.1M
Forward guidance
BlackRock TCP Capital Corp. Board of Directors declared a second quarter dividend of $0.34 per share, payable on June 28, 2024, to stockholders of record as of June 14, 2024.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2024
+0.9%
Avg return
Earnings day
+1.4%
Avg return
5 days after
+0.8%
Avg return
30 days after
63%
12 / 19 earnings
Positive
+11.7%
Q3 2024
Best reaction
-10.5%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.2% | -3.2% | -15.8% | |
| Q4 2025 | -9.3% | -8.4% | -23.7% | |
| Q3 2025 | +4.7% | +3.6% | +10.5% | |
| Q1 2025 | +7.4% | +15.3% | +18.3% | |
| Q4 2024 | -9.6% | -12.7% | -14.5% | |
| Q3 2024 | +11.7% | +11.9% | +20.4% | |
| Q2 2024 | -8.2% | -12.6% | -8.4% | |
| Q1 2024 | +2.1% | +3.7% | +9.9% | |
| Q4 2023 | -5.5% | -5.5% | -6.5% | |
| Q3 2023 | +6.6% | +5.7% | +12.9% | |
| Q2 2023 | +6.9% | +5.4% | +3.7% | |
| Q1 2023 | +5.6% | +6.4% | +9.5% | |
| Q4 2022 | -10.5% | -8.1% | -20.8% | |
| Q3 2022 | +10.7% | +12.7% | +10.2% | |
| Q2 2022 | +1.2% | +4.4% | +2.1% | |
| Q1 2022 | +0.7% | -0.5% | -1.3% | |
| Q4 2021 | +1.8% | +1.3% | +4.6% | |
| Q3 2021 | -0.5% | -0.1% | -5.3% | |
| Q4 2020 | +2.3% | +7.8% | +10.4% |
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