Oaktree Announces Third Quarter 2018 Financial Results
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Oaktree Capital Group (OAK) Tops Q3 EPS by 27c, Revenues Beat
October 25, 2018 8:34 AM EDTOaktree Capital Group (NYSE: OAK) reported Q3 EPS of $0.78, $0.27 better than the analyst estimate of $0.51. Revenue for the quarter came in at $320.17 million versus the consensus estimate of $281.05 million.
GAAP net income attributable to Oaktree Capital Group, LLC (OCG) Class A unitholders was $52.8 million ($0.74 per unit), up from $45.8 million ($0.71) for the third quarter of 2017.
Adjusted net income was $137.5 million ($0.78 per unit), up from $131.4 million ($0.67) for... More
