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Blue Owl Capital's Q3 Distributable Earnings, Revenue Rise
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Blue Owl Capital's Q3 Distributable Earnings, Revenue Rise
Oct 31, 2024 5:46 AM

08:25 AM EDT, 10/31/2024 (MT Newswires) -- Blue Owl Capital (OWL) reported Q3 distributable earnings Thursday of $0.20 per adjusted share, up from $0.16 a year earlier.

Analysts polled by Capital IQ expected $0.20.

Revenue for the quarter ended Sept. 30 was $600.9 million, up from $429.7 million a year earlier.

Analysts surveyed by Capital IQ expected $567.3 million.

Blue Owl kept its dividend at $0.18 per Class A share, payable Nov. 22 to shareholders of record as of Nov. 11.

Price: 22.80, Change: -0.30, Percent Change: -1.30

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