Oaktree Announces First Quarter 2019 Financial Results
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Oaktree Capital Group (OAK) Tops Q1 EPS by 19c, Revenues Beat
April 25, 2019 8:34 AM EDTOaktree 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
