NASDAQ$TCPC
BlackRock TCP Capital Corp · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Announced second quarter 2024 financial results, including net investment income of $0.42 per share, and declared third quarter dividend of $0.34 per share.
BlackRock TCP Capital Corp. reported a net investment income of $0.42 per share for the second quarter ended June 30, 2024. The company's adjusted net investment income was $0.38 per share. The Board of Directors declared a third quarter dividend of $0.34 per share.
- Net investment income for the quarter ended June 30, 2024 was $35.8 million, or $0.42 per share on a diluted basis.
- Adjusted net investment income for the quarter ended June 30, 2024 was $32.1 million, or $0.38 per share on a diluted basis.
- Net asset value per share was $10.20 at June 30, 2024.
- Total acquisitions during the quarter ended June 30, 2024 were approximately $129.7 million and total investment dispositions were $185.0 million.
Headline financials
Revenue & EPS history
BlackRock TCP · Revenue · Quarterly
$312K
Forward guidance
Looking to the second half of 2024, the company's capital position remains strong, and the pipeline of investment prospects is compelling. With expertise, experience, and resources of the BlackRock platform, the company is confident that it will continue to deliver attractive long-term returns to its shareholders.
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 Q2 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% |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro