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Oaktree Specialty Lending Shares Decline After Reporting Lower Fiscal Q3 Results
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Oaktree Specialty Lending Shares Decline After Reporting Lower Fiscal Q3 Results
Aug 1, 2024 8:33 AM

11:17 AM EDT, 08/01/2024 (MT Newswires) -- Oaktree Specialty Lending ( OCSL ) shares were down more than 3% in recent Thursday trading after reporting lower fiscal Q3 adjusted net investment income and total investment income.

The company reported fiscal Q3 adjusted net investment income of $0.55 per diluted share, down from $0.62 a year earlier.

Analysts polled by Capital IQ expected $0.56.

Total investment income for the quarter ended June 30 was $95 million, down from $101.9 million a year earlier.

Analysts polled by Capital IQ expected revenue of $99.4 million.

Price: 17.44, Change: -0.60, Percent Change: -3.30

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