FSK - FS KKR Capital Q4 earnings beat on higher fee interest income
FS KKR Capital (NYSE:FSK) fourth-quarter earnings reflect growth in fee and interest income, contributing to better-than expected net investment income. Q4 net investment income of $0.65 per share topped the $0.60 consensus and ticked higher from $0.64 in the third quarter. Q4 net asset value of $27.17 per share vs. $27.14 in Q3. Q4 net debt to equity ratio of 107% compared with 103% in Q3. Total fair value of investments were $16.10B of which 71% was invested in senior secured notes, up from $15.82M in the previous quarter. Conference call on March 1 at 9:00 a.m. ET. In January, FS KKR Capital priced $500M of its notes offering.
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FS KKR Capital Q4 earnings beat on higher fee, interest income