Oaktree Specialty Lending (NASDAQ:OCSL) is set to release its earnings data before the market opens on Wednesday, August 7th. Analysts expect Oaktree Specialty Lending to post earnings of $0.12 per share for the quarter.
Oaktree Specialty Lending (NASDAQ:OCSL) last released its quarterly earnings data on Wednesday, May 8th. The credit services provider reported $0.13 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.01. Oaktree Specialty Lending had a net margin of 102.18% and a return on equity of 7.62%. The firm had revenue of $38.24 million for the quarter, compared to the consensus estimate of $36.90 million. On average, analysts expect Oaktree Specialty Lending to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
NASDAQ OCSL opened at $5.15 on Tuesday. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.18. The company’s 50 day simple moving average is $5.36. Oaktree Specialty Lending has a 52-week low of $4.08 and a 52-week high of $5.75. The company has a market capitalization of $739.34 million, a P/E ratio of 11.98, a PEG ratio of 5.35 and a beta of 0.52.
In other Oaktree Specialty Lending news, major shareholder Leonard M. Tannenbaum sold 126,736 shares of the firm’s stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $5.51, for a total value of $698,315.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Leonard M. Tannenbaum sold 364,900 shares of the firm’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $5.45, for a total transaction of $1,988,705.00. The disclosure for this sale can be found here. Over the last 90 days, insiders acquired 7,000 shares of company stock valued at $38,200 and sold 1,425,312 shares valued at $7,823,919. 0.16% of the stock is owned by company insiders.
Oaktree Specialty Lending Company Profile
Oaktree Specialty Lending Corporation is a business development company specializing in investments in middle market, bridge financing, first and second lien debt financing, mezzanine debt, senior and junior secured debt, expansions, sponsor-led acquisitions, and management buyouts in small and mid-sized companies.
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