FS KKR Capital Corp

FS KKR Capital Corp. is an externally managed, non-diversified, closed-end management investment and finance company that invests primarily in the debt securities of private middle market U.S. companies. Its objectives are to generate current income and, to a lesser extent, long-term capital appreciation. The company was founded by Michael Craig Forman on December 21, 2007 and is headquartered in Philadelphia, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

FS KKR Capital Corp surpasses earnings expectations, eyes growth opportunities

FS KKR Capital Corp delivered strong performance in Q3, exceeding income guidance and maintaining a robust distribution yield.
The company's focus on disciplined underwriting, ample liquidity, and senior secured investments positions it well for growth.
Challenges related to debt management and credit trends require careful monitoring, but opportunities in M&A and asset-based finance are promising.
Overall, FSK's prudent investment strategies and optimistic outlook for 2025 signal a positive trajectory for the company.

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FS KKR Capital Corp (NYSE:FSK ) Q4 2022 Earnings Conference Call February 28, 2023 9:00 AM ET Company Participants Robert Paun - Director, IR Michael Forman - Chairman & CEO Daniel Pietrzak - Co-President & CIO Brian Gerson - Co-President Steven Lilly - CFO Conference Call Participants Mark Hughes - Truist Erik Zwick - Hovde Group Ryan Lynch - KBW Casey Alexander - Compass Point Robert Dodd - Raymond James Operator Good morning, ladies and gentlemen. Welcome to the FS KKR Capital Corp's Fourth Quarter and Full Year 2022 Earnings Conference Call.

FS KKR Capital Corp (FSK) Q4 2022 Earnings Call Transcript

FS KKR Capital (FSK) delivered earnings and revenue surprises of 8% and 4.03%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

FS KKR Capital (FSK) Beats Q4 Earnings and Revenue Estimates

PHILADELPHIA and NEW YORK , Feb. 27, 2023 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK), today announced its financial and operating results for the quarter and year ended December 31, 2022, and that its board of directors has declared a first quarter 2023 distribution totaling $0.70 per share. Financial and Operating Highlights for the Quarter Ended December 31, 2022 (1) Net investment income of $0.80 per share, compared to $0.76 per share for the quarter ended September 30, 2022 Adjusted net investment income(2) of $0.81 per share, compared to $0.73 per share for the quarter ended September 30, 2022 Net asset value of $24.89 per share, compared to $25.30 per share as of September 30, 2022 Total net realized and unrealized loss of $0.56 per share, compared to a total net realized and unrealized loss of $1.21 per share for the quarter ended September 30, 2022 Adjusted net realized and unrealized loss(2) of $0.52 per share, compared to adjusted net realized and unrealized loss of $1.17 per share for the quarter ended September 30, 2022 Earnings per Share of $0.24, compared to Earnings per Share of $(0.45) for the quarter ended September 30, 2022 Total purchases of $863 million versus $1,211 million of sales and repayments, including $127 million of sales to its joint venture Credit Opportunities Partners JV, LLC Net debt to equity ratio(3) as December 31, 2022 was 118%, compared to 119% as of September 30, 2022 Paid cash distributions to stockholders totaling $0.68 per share(4) Financial and Operating Highlights for the Year Ended December 31, 2022 (1) Net investment income of $3.05 per share, compared to $2.76 per share for the year ended December 31, 2021 Total net realized and unrealized loss of $2.73 per share, compared to a total net realized and unrealized gain of $4.40 per share for the year ended December 31, 2021 Paid cash distributions to stockholders totaling $2.66 per share(4) "We are pleased to report fourth quarter adjusted net investment income of $0.81 per share, representing an increase of approximately 11% quarter over quarter," said Michael C.

FS KKR Capital Corp. Announces Fourth Quarter and Full Year 2022 Results, Declares Total First Quarter 2023 Distribution of $0.70 per share, Increases Base Quarterly Distribution to $0.64 per share, and Guides Investors Toward Minimum Quarterly Supplement

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FS KKR is an average business development company. The BDC earns its dividend with adjusted net investment income.

FS KKR Capital: Buy This 12.9% BDC Yield At A 26% Discount To BV

PHILADELPHIA and NEW YORK , Jan. 19, 2023 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) announced today plans to release its fourth quarter and full year 2022 results after the close of trading on the New York Stock Exchange on Monday, February 27, 2023. FSK will host a conference call at 9:00 a.m.

FSK Announces Earnings Release and Conference Call Schedule for Fourth Quarter and Full Year 2022

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Better High Yield Buy: FS KKR Or Owl Rock Capital?

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The company reported an adjusted NII of $0.73 per share, a 9% increase Q-o-Q and a 14% increase Y-o-Y. Based on the management's calculations if the 50 basis point interest rate hike happens in December, the NII will grow by approximately $0.075 for the fourth quarter.

FS KKR Capital: Middle Market Trends Will Fuel Its NII

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FS KKR Capital Corp (NYSE:FSK ) Q3 2022 Earnings Conference Call November 8, 2022 9:00 AM ET Company Participants Robert Paun - Director, IR Michael Forman - Chairman & CEO Daniel Pietrzak - Co-President & CIO Brian Gerson - Co-President Steven Lilly - CFO Conference Call Participants John Hecht - Jefferies Casey Alexander - Compass Point Research & Trading Ryan Lynch - KBW Robert Dodd - Raymond James & Associates Melissa Wedel - JPMorgan Chase & Co. Kenneth Lee - RBC Capital Markets Operator Good morning, ladies and gentlemen. Welcome to the FS KKR Capital Corp's Third Quarter 2022 Earnings Conference Call.

FS KKR Capital Corp (FSK) Q3 2022 Earnings Call Transcript

FS KKR Capital (FSK) delivered earnings and revenue surprises of 0% and 0.76%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

FS KKR Capital (FSK) Q3 Earnings Meet Estimates

PHILADELPHIA and NEW YORK , Nov. 7, 2022 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK), today announced its financial and operating results for the quarter ended September 30, 2022, and that its board of directors has declared a fourth quarter 2022 distribution totaling $0.68 per share. Financial and Operating Highlights for the Quarter Ended September 30, 2022 (1) Net investment income of $0.76 per share, compared to $0.71 per share for the quarter ended June 30, 2022 Adjusted net investment income(2) of $0.73 per share, compared to $0.67 per share for the quarter ended June 30, 2022 Net asset value of $25.30 per share, compared to $26.41 per share as of June 30, 2022 Total net realized and unrealized loss of $1.21 per share, compared to a total net realized and unrealized loss of $0.96 per share for the quarter ended June 30, 2022 Adjusted net realized and unrealized loss(2) of $1.17 per share, compared to adjusted net realized and unrealized loss of $0.92 per share for the quarter ended June 30, 2022 Total purchases of $907 million versus $951 million of sales and repayments, including $300 million of sales to its joint venture Credit Opportunities Partners JV, LLC Net debt to equity ratio(3) as of September 30, 2022 was 119%, compared to 115% as of June 30, 2022 Paid cash distributions to stockholders totaling $0.67 per share(4) "FSK again delivered strong earnings during the third quarter as our adjusted net investment income of $0.73 per share increased 9.0% sequentially," said Michael C.

FS KKR Capital Corp. Announces Third Quarter 2022 Results, Declares Total Fourth Quarter 2022 Distribution of $0.68 per share

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News for FS KKR Capital Corp ETF (FSK)