BlackRock TCP Capital -BlackRock TCP (TCPC) Q4 Earnings Top Estimates

Core Viewpoint - BlackRock TCP reported quarterly earnings of $0.38 per share, exceeding the Zacks Consensus Estimate of$ 0.36 per share, but down from $0.44 per share a year ago, indicating a 5.56% earnings surprise [1][2] Financial Performance - The company posted revenues of$ 61.25 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 6.61%, compared to $50.85 million in the same quarter last year [2] - Over the last four quarters, BlackRock TCP has surpassed consensus EPS estimates just once and topped consensus revenue estimates three times [2] Stock Performance - BlackRock TCP shares have increased approximately 7.2% since the beginning of the year, outperforming the S&P 500's gain of 1.3% [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is$ 0.37 on revenues of $62.56 million, and for the current fiscal year, it is$ 1.42 on revenues of $247.11 million [7] - The estimate revisions trend for BlackRock TCP is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Industry Context - The Financial - SBIC & Commercial Industry, to which BlackRock TCP belongs, is currently in the top 22% of over 250 Zacks industries, suggesting a favorable industry outlook [8]