Och-Ziff Capital Management (OZM) Tops Q2 EPS by 4c
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Och-Ziff Capital Management (NYSE: OZM) reported Q2 EPS of $0.18, $0.04 better than the analyst estimate of $0.14. Revenue for the quarter came in at $321.4 million versus the consensus estimate of $178.86 million.
Assets under management totaled $48.0 billion as of June 30, 2015, increasing 5% year-over-year.
- Longer-dated assets under management, which are those subject to initial commitment periods of three years or longer, were $16.5 billion, or 34% of the Company's total assets under management as of June 30, 2015, increasing 12% year-over-year.
- Assets under management in the Company's dedicated credit, real estate and other single-strategy funds were $15.0 billion, comprising 31% of assets under management as of June 30, 2015, increasing 26% year-over-year.
- Estimated assets under management totaled $46.5 billion as of August 1, 2015.
For earnings history and earnings-related data on Och-Ziff Capital Management (OZM) click here.
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