Oaktree Capital Group (OAK) Tops Q1 EPS by 19c

Oaktree Capital Group (NYSE: OAK) reported Q1 EPS of $0.85, $0.19 better than the analyst estimate of $0.66. Revenue for the quarter came in at $394.4 million versus the consensus estimate of $334.27 million.

Assets under management (“AUM”) and management fee-generating assets under management (“management fee-generating AUM”) as of March 31, 2015 were $99.9 billion and $78.5 billion, respectively, up 16% and 6% from their respective March 31, 2014 balances of $86.2 billion and $74.0 billion. AUM of $99.9 billion represented a record, eclipsing the prior high of $93.2 billion at September 30, 2014.

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

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