Blue Owl Cap Q3 2024 Adj. EPS $0.20, Inline, Sales $600.878M Beat $563.452M Estimate
Portfolio Pulse from Benzinga Newsdesk
Blue Owl Capital reported Q3 2024 earnings per share of $0.20, meeting analyst expectations, and sales of $600.878 million, surpassing estimates by 6.64%. This marks a 25% increase in EPS and a 39.85% increase in sales compared to the same period last year.
October 31, 2024 | 11:09 am
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Blue Owl Capital's Q3 2024 earnings per share met expectations at $0.20, while sales exceeded estimates by 6.64%, reaching $600.878 million. This reflects strong growth with a 25% increase in EPS and a 39.85% increase in sales year-over-year.
The company's earnings per share met expectations, which is neutral, but the significant beat in sales estimates and strong year-over-year growth in both EPS and sales are positive indicators. This suggests strong operational performance and potential positive sentiment among investors.
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