FS KKR Capital: Fourth Quarter Financial Results Overview
FS KKR Capital Corp. Reports Fourth Quarter Loss
FS KKR Capital Corp. (FSK), headquartered in Philadelphia, announced on Wednesday that it incurred a net loss of $114 million during the fourth quarter.
The company reported a loss of $0.41 per share for the quarter. After adjusting for one-time expenses, earnings stood at $0.52 per share.
These results did not meet analysts' expectations. According to Zacks Investment Research, the consensus estimate from five analysts was $0.55 per share in earnings.
FS KKR Capital Corp. generated $348 million in revenue for the quarter, which was below the $361.3 million anticipated by analysts surveyed by Zacks.
For the full year, the company posted a profit of $11 million, translating to $0.04 per share, with total revenue reaching $1.52 billion.
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