PHILADELPHIA (AP) _ FS KKR Capital Corp. (FSK) on Monday reported fourth-quarter net income of $143 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Philadelphia-based company said it had net income of $1.16. Earnings, adjusted for investment gains, were 72 cents per share.

The business development company posted revenue of $163 million in the period, exceeding Street forecasts. Four analysts surveyed by Zacks expected $150.3 million.

For the year, the company reported a loss of $405 million, or $3.26 per share, swinging to a loss in the period. Revenue was reported as $639 million.

FS KKR Capital shares have increased 17% since the beginning of the year. In the final minutes of trading on Monday, shares hit $19.36, a decrease of 16% in the last 12 months.

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

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News