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Och-Ziff Capital Management (OZM) Tops Q4 EPS by 16c

February 5, 2015 7:35 AM EST

Och-Ziff Capital Management (NYSE: OZM) reported Q4 EPS of $0.47, $0.16 better than the analyst estimate of $0.31. Revenue for the quarter came in at $0 versus the consensus estimate of $487.36 million.

"2014 was a strong year for our firm, as demonstrated by the growth and diversification we achieved in our business," said Daniel S. Och, Chairman and Chief Executive Officer of Och-Ziff. "We delivered strong, risk-adjusted returns across all our funds, and our credit and real estate funds generated strong performance, which is highly valued by our fund investors. Our returns reflect the extensive investing expertise and global scale we have within each of our strategies. The significant synergies between our strategies enable us to offer a broad range of products and innovative solutions to meet the objectives of our fund investors.

"We are excited about the opportunities in the coming year, and feel that the momentum across our business is greater than it ever has been. Our success to date has created more opportunities for our investors and, therefore, more opportunities to grow and diversify our business. We believe that we are well positioned for strong asset growth, greater diversification among our strategies, and deeper relationships with our investors. Combined, these elements position us for future strong earnings and dividend growth."

For earnings history and earnings-related data on Och-Ziff Capital Management (OZM) click here.



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