Blue Owl Capital (OBDC) Beats on Q2 Earnings, Plans OBDE Merger
Owl Rock(OBDC) ZACKS·2024-08-09 02:17
Blue Owl Capital Corporation (OBDC) reported second-quarter 2024 earnings per share (EPS) of 48 cents, which beat the Zacks Consensus Estimate by a penny. The bottom line remained flat year over year. The total investment income of Blue Owl Capital amounted to $396.8 million, which increased 0.6% year over year. Also, the top line beat the Zacks Consensus Estimate by 2%. Blue Owl Capital's better-than-expected second-quarter results were supported by growing investment income, strong portfolio performance, ...