Blue Owl Cap's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Blue Owl Cap (NYSE:OWL) is scheduled to release its quarterly earnings report on February 9, 2024, with an expected EPS of $0.17. Analysts and investors are keen on not just the earnings beat but also the company's guidance for future growth. Despite a miss in the last quarter's EPS estimate, the stock price increased by 6.59% the following day. Historically, Blue Owl Cap's stock performance post-earnings has shown positive trends, with a 27.15% increase over the last 52 weeks. The stock was trading at $16.14 as of February 6.
February 08, 2024 | 2:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Blue Owl Cap is expected to report an EPS of $0.17 for the upcoming quarter. Despite a miss in the last quarter, the stock price increased, indicating a positive investor sentiment. The stock has gained 27.15% over the last 52 weeks, showing strong performance.
Given the historical positive reaction to earnings reports and the overall 27.15% stock increase over the past year, it's likely that OWL's stock will continue to perform well in the short term, especially if the company meets or exceeds the EPS estimate and provides positive future guidance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100