PHILADELPHIA (AP) _ FS KKR Capital Corp. (FSK) on Wednesday reported a first-quarter loss of $703 million, after reporting a profit in the same period a year earlier.

The Philadelphia-based company said it had a loss of $1.40 per share. Earnings, adjusted for investment costs, came to 19 cents per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share.

The business development company posted revenue of $179 million in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $189 million.

In the final minutes of trading on Wednesday, the company's shares hit $3.27. A year ago, they were trading at $6.38.

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

Automated Insights, source Associated Press News