Blue Owl Capital Q1 2024 Adj EPS $0.47 Misses $0.48 Estimate
Portfolio Pulse from Benzinga Newsdesk
Blue Owl Capital (NYSE:OBDC) reported Q1 2024 adjusted earnings per share (EPS) of $0.47, missing the consensus estimate of $0.48 by 2.08%.
May 08, 2024 | 8:49 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Blue Owl Capital reported a slight miss in Q1 2024 earnings, with an adjusted EPS of $0.47 against estimates of $0.48.
Missing earnings estimates, even by a small margin, can negatively impact investor sentiment and stock price in the short term. Investors often view earnings misses as a sign of operational or market challenges.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100