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FS KKR Capital: 1Q Earnings Snapshot

PHILADELPHIA (AP) _ FS KKR Capital Corp. (FSK) on Wednesday reported first-quarter earnings of $101 million.

The Philadelphia-based company said it had net income of 19 cents per share. Earnings, adjusted for investment gains, were 18 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share.

The business development company posted revenue of $195 million in the period.

FS KKR Capital shares have increased 22% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $6.30, a decline of 19% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FSK at https://www.zacks.com/ap/FSK