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Blue Owl Capital's Q2 Distributable Earnings, Revenue Rise
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Blue Owl Capital's Q2 Distributable Earnings, Revenue Rise
Aug 1, 2024 5:17 AM

07:56 AM EDT, 08/01/2024 (MT Newswires) -- Blue Owl Capital (OWL) reported Q2 distributable earnings Thursday of $0.19 per adjusted share, up from $0.16 a year earlier.

Analysts polled by Capital IQ expected $0.19.

Revenue for the quarter ended June 30 was $549.8 million, up from $416.9 million a year earlier.

Analysts polled by Capital IQ expected $505.4 million.

Additionally, the company said it maintained its quarterly dividend at $0.18 per class A share, payable Aug. 30 to shareholders of record as of Aug. 21.

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