Oaktree Specialty Lending Q2 2024 Adj EPS $0.56 Misses $0.58 Estimate
Portfolio Pulse from Benzinga Newsdesk
Oaktree Specialty Lending (OCSL) reported Q2 2024 adjusted earnings per share (EPS) of $0.56, missing the consensus estimate of $0.58 by 3.45%.
April 30, 2024 | 10:06 am
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Oaktree Specialty Lending reported Q2 2024 adjusted EPS of $0.56, missing the consensus estimate of $0.58 by 3.45%.
Missing earnings estimates typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. The 3.45% miss from the consensus estimate could lead to a lack of confidence from investors, impacting OCSL's stock price negatively.
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IMPORTANCE 90
RELEVANCE 100