The upcoming report from FS KKR Capital (FSK) is expected to reveal quarterly earnings of $0.44 per share, indicating a decline of 32.3% compared to the year-ago period. Analysts forecast revenues of $313.93 million, representing a decline of 21.5% year over year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link 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.
That said, let's delve into the average estimates of some FS KKR Capital metrics that Wall Street analysts commonly model and monitor.
The collective assessment of analysts points to an estimated 'Investment income- Fee income' of $11.25 million. The estimate suggests a change of -33.8% year over year.
The average prediction of analysts places 'Investment income- Dividend and other income' at $76.33 million. The estimate indicates a year-over-year change of -5.8%.
The combined assessment of analysts suggests that 'Investment income- Fee income' will likely reach $11.25 million. The estimate indicates a change of -33.8% from the prior-year quarter.
Analysts' assessment points toward 'Investment income- Dividend and other income' reaching $76.33 million. The estimate suggests a change of -5.8% year over year.
View all Key Company Metrics for FS KKR Capital here>>>Shares of FS KKR Capital have demonstrated returns of +11.5% over the past month compared to the Zacks S&P 500 composite's +11.4% change. With a Zacks Rank #3 (Hold), FSK is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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FS KKR Capital Corp. (FSK): Free Stock Analysis Report
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