Blue Owl Capital Inc <OWL.N>: Profits of 13 cents per share anticipated for third quarter

November 02, 2022 12:32 PM PDT | By Reuters
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2 November 2022 07:31 p.m. All figures in US dollars. Blue Owl Capital Inc is expected to show an increase in its third quarter earnings to 13 cents​ per share according to the mean Refinitiv estimate from eleven analysts. Wall Street expects results to range from 12 cents to ​13 cents per share. RECOMMENDATIONS * The consensus recommendation for the company is "Buy". This includes one "Strong Buy", seven "Buy", three "Hold". * The average consensus recommendation for the investment management & fund operators peer group is also "Buy". FORECAST CHANGES * Eleven analysts are currently providing Refinitiv with estimates. * In the last week there have been no earnings estimate revisions by analysts covering the company. There were no changes to the number of estimates. * In the last four weeks the earnings per share estimate has fallen by 4.84 percent from 14 cents. Estimates ranged from a high of 14 cents to a low of 12 cents. There has been no changes to the number of estimates. * The StarMine predicted earnings surprise is too low to be considered statistically significant. Predicted revenue surprise is too low to be significant. * The average price target from the eleven analysts providing estimates is $13.88. YEAR OVER YEAR * The company is expected to report a rise in revenue to $335.48 million from $247.88 million in the same quarter last year. * The current quarter consensus estimate of 13 cents per share implies a gain of 16.78 percent from the same quarter last year when the company reported 11 cents per share. * Previous quarterly performance (using preferred earnings measure) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Jun. 30 2022 0.11 0.13 Beat Mar. 31 2022 0.12 0.11 Missed Dec. 31 2021 0.11 0.12 Beat Sep. 30 2021 0.08 0.11 Beat This summary was machine generated from Refinitiv data November 2 at 07:31 p.m..


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