Blue Owl Cap Q1 2024 Adj EPS $0.17 Beats $0.16 Estimate, Sales $513.340M Beat $474.890M Estimate
Portfolio Pulse from Benzinga Newsdesk
Blue Owl Capital (OWL) reported Q1 2024 adjusted EPS of $0.17, surpassing the $0.16 estimate, and sales of $513.340M, exceeding the $474.890M estimate. This represents a 13.33% increase in EPS and a 31.29% increase in sales from the same period last year.
May 02, 2024 | 11:13 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Blue Owl Capital reported a strong Q1 2024 with EPS and sales exceeding estimates, indicating robust financial health and growth.
Beating both EPS and sales estimates significantly, especially with a double-digit percentage increase from the previous year, is a strong indicator of Blue Owl Capital's growth and operational efficiency. This performance is likely to instill confidence among investors, potentially leading to a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100