Oaktree Specialty Lending: Fiscal Q3 Earnings Snapshot
LOS ANGLES, Calif. (AP) — LOS ANGLES, Calif. (AP) — Oaktree Specialty Lending Corp. (OCSL) on Thursday reported fiscal third-quarter earnings of $1.1 million.
On a per-share basis, the Los Angles, California-based company said it had profit of 1 cent. Earnings, adjusted for investment costs, were 55 cents per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.
The specialty finance company posted revenue of $95 million in the period, also missing Street forecasts. Four analysts surveyed by Zacks expected $99.3 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OCSL at https://www.zacks.com/ap/OCSL