Och-Ziff Capital Management (OZM) Misses Q1 EPS by 40c
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Och-Ziff Capital Management Group LLC Reports 2016 First Quarter Results
May 3, 2016 7:30 AM EDTNEW YORK, NY -- (Marketwired) -- 05/03/16 -- Och-Ziff Capital Management Group LLC (NYSE: OZM) (the "Company" or "Och-Ziff") today reported GAAP net loss allocated to Class A Shareholders ("GAAP Net Loss") of $69.4Â million, or $0.38 per basic and diluted Class A Share, for the 2016 first quarter.
Summary
Distributable Earnings loss of $142.5Â million, or $0.27 per Adjusted Class A Share, for the 2016 first quarter, which includes a reserve taken for the FCPA investigation in the amount of $200.0 million, or $0.39 per Adjusted... More