NYSE$FSK

FS KKR Capital Corp · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported strong financial results and consummated merger with FS KKR Capital Corp. II.

FS KKR Capital Corp. reported net investment income of $0.77 per share and adjusted net investment income of $0.74 per share for the second quarter ended June 30, 2021. The company's net asset value was $26.84 per share as of June 30, 2021. FSK completed its merger with FS KKR Capital Corp. II on June 16, 2021, creating a premier BDC franchise with approximately $15.7 billion in assets.

  • Net investment income of $0.77 per share.
  • Adjusted net investment income of $0.74 per share.
  • Net asset value of $26.84 per share, an increase of 3.1%.
  • Total purchases of $8.6 billion versus $1.0 billion of sales and repayments.

Headline financials

Total Revenue

$206M

Previous: $150M+37.3%
EPS (adj)

$0.74

Previous: $0.62+19.4%
Net Income

$865M

No prior period
Cash & Equivalents

$485M

No prior period
Total Assets

$15.7B

No prior period

Revenue & EPS history

FS KKR · Revenue · Quarterly

$206M

Q2 2021+37.3%vs Q2 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

FSK’s board of directors has declared a cash distribution for the third quarter of $0.65 per share, which will be paid on or about October 4, 2021 to stockholders of record as of the close of business on September 15, 2021.

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 2021

Historical avgQ2 2021

+0.1%

Avg return

Earnings day

+0.5%

Avg return

5 days after

-0.1%

Avg return

30 days after

58%

28 / 48 earnings

Positive

+9.3%

Q3 2020

Best reaction

-15.2%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.7%+1.4%+1.4%
Q4 2025-15.2%-17.8%-25.6%
Q3 2025+3.6%+4.7%+4.5%
Q1 2025+2.8%+6.9%+9.5%
Q4 2024-0.6%-0.5%-8.3%
Q3 2024+3.2%+3.9%+6.2%
Q2 2024+1.9%+2.2%+8.0%
Q1 2024+2.4%+3.0%+6.3%
Q4 2023-7.0%-5.7%-6.3%
Q3 2023+0.2%+0.1%+0.9%
Q2 2023+0.8%-0.2%+0.5%
Q1 2023+8.1%+8.3%+11.1%
Q4 2022+1.0%+2.2%-6.1%
Q3 2022-1.7%+1.0%-4.1%
Q2 2022-0.0%+2.0%-4.3%
Q1 2022+2.9%+1.6%+2.9%
Q4 2021+2.0%+6.6%+4.1%
Q3 2021+0.3%+0.9%-0.6%
Q2 2021+5.7%+7.5%+7.4%
Q1 2021+0.4%+1.4%+10.0%
Q4 2020+2.6%+1.7%+3.3%
Q3 2020+9.3%+8.9%+23.3%
Q2 2020-2.5%-1.9%-2.7%
Q1 2020-0.3%+0.6%+23.3%
Q4 2019-10.9%-7.1%-46.4%
Q3 2019+2.3%+3.1%+9.6%
Q2 2019+5.4%+3.9%+5.0%
Q1 2019-1.4%-2.9%-4.3%
Q4 2018-0.6%-1.2%-7.4%
Q3 2018-0.9%-4.4%-9.0%
Q2 2018-8.0%-8.0%-8.6%
Q1 2018+0.6%+1.3%+0.6%
Q4 2017+2.1%+4.2%+2.1%
Q3 2017+3.8%+3.2%-1.3%
Q2 2017-6.1%-5.0%-7.8%
Q1 2017-1.0%-2.6%-2.6%
Q4 2016-3.7%-9.3%-8.8%
Q3 2016+3.7%+4.8%+9.1%
Q2 2016-0.1%+0.4%+3.2%
Q1 2016+0.2%
Q4 2015+1.8%
Q3 2015-3.7%
Q2 2015+1.7%
Q1 2015+0.5%
Q4 2014-0.4%
Q3 2014+0.4%
Q2 2014-1.2%
Q1 2014+0.1%
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010
Q2 2010
Q1 2010

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