NASDAQ$TCPC
BlackRock TCP Capital Corp · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Announced third quarter 2024 financial results, including net investment income of $0.40 per share, and declared fourth quarter dividend of $0.34 per share and a special dividend of $0.10 per share.
BlackRock TCP Capital Corp. reported a solid adjusted net investment income of $30.8 million, or $0.36 per share, for the third quarter, resulting in an adjusted annualized NII return on average equity of 14%. The board approved a special dividend of $0.10 per share and re-approved the authorization to repurchase up to $50.0 million of common stock.
- Net investment income for the quarter ended September 30, 2024 was $33.9 million, or $0.40 per share on a diluted basis.
- Adjusted net investment income for the quarter ended September 30, 2024 was $30.8 million, or $0.36 per share on a diluted basis.
- Net asset value per share was $10.11 as of September 30, 2024.
- Total acquisitions during the quarter ended September 30, 2024 were approximately $72.8 million and total investment dispositions were $139.2 million.
Headline financials
Revenue & EPS history
BlackRock TCP · Revenue · Quarterly
$2.45M
Forward guidance
On November 6, 2024, our Board of Directors declared a fourth quarter dividend of $0.34 per share and a $0.10 per share special dividend, both payable on December 31, 2024 to stockholders of record as of the close of business on December 17, 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 Q3 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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