Oaktree Capital Group (OAK) Reports Q1 EPS of $1.46

Oaktree Capital Group (NYSE: OAK) reported Q1 Adjusted net income of $1.46, per unit versus $1.95 reported last year. Distributable earnings per Class A unit was $1.41 versus $1.79 last year.

Howard Marks, Chairman, said, “Strong investment returns and continued inflows for our newest investment strategies brought assets under management and management fee-generating assets under management to record highs in the first quarter. Importantly, over the last year we further demonstrated the long-term power of our business model by continuing to build substantial asset value, while also investing in a broad range of growth opportunities across the platform.”

For earnings history and earnings-related data on Oaktree Capital Group (OAK) click here.

You May Also Be Interested In

• Intel slides in afterhours trading as Q1 revenue misses, Q2 outlook falls short
• USCB Financial Holdings, Inc. (USCB) Tops Q1 EPS by 2c
• Alphabet stock soars 12% to record high on Q1 earnings beat, first-ever dividend