Blue Owl Capital Q2 2024 GAAP EPS $0.41 Beats $0.40 Estimate, Sales $123.175M
Portfolio Pulse from Benzinga Newsdesk
Blue Owl Capital (NYSE:OBDE) reported Q2 2024 earnings per share (EPS) of $0.41, surpassing the analyst consensus estimate of $0.40. The company also reported sales of $123.175 million for the quarter.
August 07, 2024 | 9:44 pm
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Blue Owl Capital (NYSE:OBDE) reported Q2 2024 earnings per share (EPS) of $0.41, surpassing the analyst consensus estimate of $0.40. The company also reported sales of $123.175 million for the quarter.
Blue Owl Capital's better-than-expected EPS and solid sales figures are likely to positively impact its stock price in the short term. Beating earnings estimates typically boosts investor confidence and can lead to a stock price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100