We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
FS KKR Capital (FSK) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
Read MoreHide Full Article
The upcoming report from FS KKR Capital (FSK - Free Report) is expected to reveal quarterly earnings of $0.57 per share, indicating a decline of 23% compared to the year-ago period. Analysts forecast revenues of $376.07 million, representing a decline of 14.7% year over year.
The consensus EPS estimate for the quarter has undergone an upward revision of 0.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Bearing this in mind, let's now explore the average estimates of specific FS KKR Capital metrics that are commonly monitored and projected by Wall Street analysts.
Analysts forecast 'Investment income- Fee income' to reach $9.82 million. The estimate indicates a year-over-year change of -53.2%.
The average prediction of analysts places 'Investment income- Dividend and other income' at $74.61 million. The estimate points to a change of +16.6% from the year-ago quarter.
The consensus among analysts is that 'Investment income- Paid-in-kind interest income' will reach $49.79 million. The estimate points to a change of -24.6% from the year-ago quarter.
According to the collective judgment of analysts, 'Investment income- Interest income' should come in at $239.33 million. The estimate indicates a change of -17.5% from the prior-year quarter.
Over the past month, shares of FS KKR Capital have returned -1.6% versus the Zacks S&P 500 composite's +2.1% change. Currently, FSK carries a Zacks Rank #4 (Sell), suggesting that it may underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
FS KKR Capital (FSK) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
The upcoming report from FS KKR Capital (FSK - Free Report) is expected to reveal quarterly earnings of $0.57 per share, indicating a decline of 23% compared to the year-ago period. Analysts forecast revenues of $376.07 million, representing a decline of 14.7% year over year.
The consensus EPS estimate for the quarter has undergone an upward revision of 0.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Bearing this in mind, let's now explore the average estimates of specific FS KKR Capital metrics that are commonly monitored and projected by Wall Street analysts.
Analysts forecast 'Investment income- Fee income' to reach $9.82 million. The estimate indicates a year-over-year change of -53.2%.
The average prediction of analysts places 'Investment income- Dividend and other income' at $74.61 million. The estimate points to a change of +16.6% from the year-ago quarter.
The consensus among analysts is that 'Investment income- Paid-in-kind interest income' will reach $49.79 million. The estimate points to a change of -24.6% from the year-ago quarter.
According to the collective judgment of analysts, 'Investment income- Interest income' should come in at $239.33 million. The estimate indicates a change of -17.5% from the prior-year quarter.
View all Key Company Metrics for FS KKR Capital here>>>Over the past month, shares of FS KKR Capital have returned -1.6% versus the Zacks S&P 500 composite's +2.1% change. Currently, FSK carries a Zacks Rank #4 (Sell), suggesting that it may underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .