Oaktree Capital Group (OAK) Misses Q4 EPS by 14c, Revenue Beats
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Go back to Oaktree Capital Group (OAK) Misses Q4 EPS by 14c, Revenue Beats
February 6, 2018 8:30 AM EST
As of December 31, 2017 or for the quarter and year then ended, and
where applicable, per Class A unit:
GAAP net income attributable to Oaktree Capital Group, LLC
(OCG) was $13.4 million ($0.21 per unit) and $231.5 million ($3.61)
for quarter and full year, respectively, as compared with $59.3
million ($0.94) and $194.7 million ($3.11) for the comparable 2016
periods. Excluding the impact of the Tax Act (defined below), GAAP net
income attributable to OCG was $46.6 million ($0.72) and $264.7
million ($4.13) for the quarter and full year, respectively.
Adjusted net income was $126.8 million ($0.21 per unit) and
$701.1 million ($3.46) for the quarter and full year, respectively, as...
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