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BlackRock TCP Capital Corp. (TCPC)
NASDAQ:TCPC
US Market
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BlackRock TCP Capital (TCPC) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Feb 26, 2026
Before Open (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
0.26
Last Year’s EPS
0.36
Same Quarter Last Year
Moderate Sell
Based on 3 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Nov 06, 2025|
% Change Since:
|
Earnings Call Sentiment|Neutral
The call highlighted improved nonaccruals and strong portfolio gains, alongside increased deal flow and a robust liquidity position. However, these positive aspects were offset by the liquidation of Renovo, significant net realized losses, and an unchanged NAV, reflecting a balanced mix of achievements and challenges.
Company Guidance
During BlackRock TCP Capital Corp.'s third quarter earnings call, several key financial metrics and updates were provided. The company's net asset value (NAV) remained unchanged at $8.71, while nonaccrual investments improved to 3.5% of the portfolio at fair market value, down from 5.6% at the end of 2024. A significant update involved the investment in Renovo, which was removed from nonaccrual status but faced liquidation, impacting fourth-quarter NAV by approximately $0.15 per share. The company declared a third quarter dividend of $0.25 per share and repurchased over 195,000 shares. Investment activity included $2.4 million in KBRA and a $5.2 million follow-on in Syndigo, contributing to a total of $241 million invested across 31 companies year-to-date. The portfolio's effective yield was 11.5%, with paydowns at $140 million. Financial results showed adjusted net investment income at $0.30 per share, and gross investment income at $0.59 per share. The company maintained a strong balance sheet with $528 million total liquidity and net regulatory leverage at 1.2x.
Improved Nonaccruals
Nonaccruals improved to 3.5% of the portfolio at fair market value compared to 5.6% at the end of 2024.
Portfolio Gains from NEP Group
Realized a portfolio gain from NEP Group, with a successful recapitalization upgrading the investment from a second lien to a first lien term loan.
Increased Deal Flow
A 20% increase in the number of deals reviewed and a 40% increase in deals advanced to the screening stage compared to the previous quarter.
Strong Liquidity Position
Total liquidity at quarter end was approximately $528 million.
Portfolio Diversification
Invested $241 million in 31 new and existing portfolio companies, reducing average position size to $7.8 million from $11.7 million at the end of 2024.

BlackRock TCP Capital (TCPC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

TCPC Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Feb 26, 2026
2025 (Q4)
0.26 / -
0.36
Nov 06, 2025
2025 (Q3)
0.30 / 0.32
0.4-20.00% (-0.08)
Aug 07, 2025
2025 (Q2)
0.32 / 0.31
0.42-26.19% (-0.11)
May 08, 2025
2025 (Q1)
0.33 / 0.38
0.45-15.56% (-0.07)
Feb 27, 2025
2024 (Q4)
0.37 / 0.36
0.44-18.18% (-0.08)
Nov 06, 2024
2024 (Q3)
0.37 / 0.40
0.49-18.37% (-0.09)
Aug 07, 2024
2024 (Q2)
0.43 / 0.42
0.48-12.50% (-0.06)
May 01, 2024
2024 (Q1)
0.44 / 0.45
0.442.27% (+0.01)
Feb 29, 2024
2023 (Q4)
0.47 / 0.44
0.410.00% (+0.04)
Nov 02, 2023
2023 (Q3)
0.47 / 0.49
0.4216.67% (+0.07)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

TCPC Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 06, 2025
$5.52$5.78+4.71%
Aug 07, 2025
$6.90$6.65-3.62%
May 08, 2025
$6.10$6.55+7.38%
Feb 27, 2025
$8.30$7.50-9.64%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does BlackRock TCP Capital Corp. (TCPC) report earnings?
BlackRock TCP Capital Corp. (TCPC) is schdueled to report earning on Feb 26, 2026, Before Open (Confirmed).
    What is BlackRock TCP Capital Corp. (TCPC) earnings time?
    BlackRock TCP Capital Corp. (TCPC) earnings time is at Feb 26, 2026, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is TCPC EPS forecast?
          TCPC EPS forecast for the fiscal quarter 2025 (Q4) is 0.26.
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