Oaktree Announces First Quarter 2019 Financial Results

Go back to Oaktree Announces First Quarter 2019 Financial Results

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

April 25, 2019 8:34 AM EDT

Oaktree Capital Group (NYSE: OAK) reported Q1 EPS of $1.46, $0.19 better than the analyst estimate of $1.27. Revenue for the quarter came in at $602.69 million versus the consensus estimate of $503.83 million.

GAAP net income attributable to Oaktree Capital Group, LLC (OCG) Class A unitholders was $47.3 million ($0.66 per unit), down from $52.7 million ($0.78) for the first quarter of 2018, primarily reflecting lower operating profits, partially offset by higher returns on our fund... More