Oaktree Specialty Lending OCSL is set to give its latest quarterly earnings report on Tuesday, 2024-11-19. Here's what investors need to know before the announcement.
Analysts estimate that Oaktree Specialty Lending will report an earnings per share (EPS) of $0.56.
Anticipation surrounds Oaktree Specialty Lending's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Earnings Track Record
During the last quarter, the company reported an EPS missed by $0.01, leading to a 4.57% drop in the share price on the subsequent day.
Here's a look at Oaktree Specialty Lending's past performance and the resulting price change:
Quarter | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
---|---|---|---|---|
EPS Estimate | 0.56 | 0.58 | 0.61 | 0.63 |
EPS Actual | 0.55 | 0.56 | 0.57 | 0.62 |
Price Change % | -5.0% | 2.0% | 1.0% | 0.0% |
Performance of Oaktree Specialty Lending Shares
Shares of Oaktree Specialty Lending were trading at $16.03 as of November 15. Over the last 52-week period, shares are down 18.93%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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