Oaktree Announces Second Quarter 2018 Financial Results

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Oaktree Capital Group (OAK) Tops Q2 EPS by 12c

July 26, 2018 8:38 AM EDT

Oaktree Capital Group (NYSE: OAK) reported Q2 EPS of $0.68, $0.12 better than the analyst estimate of $0.56. Revenue for the quarter came in at $341.49 million versus the consensus estimate of $280.02 million.

GAAP net income attributable to Oaktree Capital Group, LLC (OCG) was $31.1 million ($0.44 per unit), down from $117.3 million ($1.83) for the second quarter of 2017, primarily driven by lower incentive... More