Skip to main content

Oaktree Specialty Lending (OCSL) Q4 Earnings: What To Expect

OCSL Cover Image

Business development company Oaktree Specialty Lending (NASDAQ: OCSL) will be reporting results this Wednesday before market hours. Here’s what to expect.

Oaktree Specialty Lending beat analysts’ revenue expectations by 1.1% last quarter, reporting revenues of $77.32 million, down 18.3% year on year. It was a satisfactory quarter for the company, with a narrow beat of analysts’ revenue estimates but .

Is Oaktree Specialty Lending a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Oaktree Specialty Lending’s revenue to decline 13.2% year on year to $75.19 million, a further deceleration from the 11.6% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.38 per share.

Oaktree Specialty Lending Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings.

Looking at Oaktree Specialty Lending’s peers in the financial services segment, only Capital Southwest has reported results so far. It beat analysts’ revenue estimates by 5.3%, delivering year-on-year sales growth of 18.2%.

Read our full analysis of Capital Southwest’s earnings results here.

Investors in the financial services segment have had fairly steady hands going into earnings, with share prices down 1.9% on average over the last month. Oaktree Specialty Lending is down 4.4% during the same time and is heading into earnings with an average analyst price target of $13.71 (compared to the current share price of $12.25).

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.

Recent Quotes

View More
Symbol Price Change (%)
AMZN  237.34
-5.62 (-2.31%)
AAPL  268.34
-1.67 (-0.62%)
AMD  242.07
-4.20 (-1.71%)
BAC  54.53
+0.50 (0.93%)
GOOG  343.02
-1.88 (-0.55%)
META  697.53
-8.88 (-1.26%)
MSFT  411.45
-11.92 (-2.82%)
NVDA  179.41
-6.20 (-3.34%)
ORCL  154.62
-5.44 (-3.40%)
TSLA  420.40
-1.41 (-0.33%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.