Blue Owl Cap Q2 2024 Adj. EPS $0.19, Inline, Sales $549.848M Beat $505.850M Estimate
Portfolio Pulse from Benzinga Newsdesk
Blue Owl Capital (NYSE: OWL) reported Q2 2024 adjusted EPS of $0.19, meeting analyst expectations. The company also reported sales of $549.848 million, surpassing the $505.850 million estimate by 8.70% and marking a 31.88% increase from the same period last year.
August 01, 2024 | 11:06 am
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Blue Owl Capital reported Q2 2024 adjusted EPS of $0.19, in line with expectations, and sales of $549.848 million, beating estimates by 8.70% and increasing 31.88% YoY.
The company's sales significantly exceeded expectations and showed strong year-over-year growth, which is likely to positively impact the stock price in the short term.
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