Blue Owl Cap Q2 EPS $0.16, Inline, Sales $416.94M Beat $396.54M Estimate
Portfolio Pulse from Benzinga Newsdesk
Blue Owl Capital (NYSE: OWL) reported Q2 earnings of $0.16 per share, in line with analyst estimates. This represents a 23.08% increase from the same period last year. The company also reported quarterly sales of $416.94 million, beating the analyst consensus estimate of $396.54 million by 5.14%. This is a 27.41% increase over sales from the same period last year.
August 01, 2023 | 11:25 am
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POSITIVE IMPACT
Blue Owl Capital's Q2 earnings met analyst expectations and sales surpassed estimates, indicating a strong financial performance.
Blue Owl Capital's earnings met analyst expectations, which is a positive signal. Moreover, the company's sales surpassed estimates, indicating strong demand for its services. This could potentially lead to a positive reaction in the stock market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100