BlackRock TCP Capital reports Q4 EPS 40c, consensus 37c

Reports Q4 NAV per share $9.23. “We delivered adjusted net investment income of $1.52 per share in 2024, reflecting higher non-accruals as well as the impact of lower base rates and higher expenses. While the vast majority of our portfolio continued to perform well, we are working closely with our borrowers and sponsors to resolve the portfolio issues that impacted our results in recent quarters.”