Oaktree Specialty Lending Corporation (NASDAQ:OCSL) is reporting fourth quarter earnings results on Thursday 19th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.12 per share.
For the full year, analysts predict revenues of $ 135.27 million, while looking forward to income of $ 0.45 per share.
Previous Quarter Performance
Oaktree Specialty Lending Corporation unveiled income for the third quarter of $ 0.12 per share, from the revenue of $ 34.40 million. According to street consensus, OCSL was expected to report 3Q20 income of $ 0.11 per share from revenue of $ 33.65 million. The bottom line results beat street analysts by $ 0.01 or 9.09 percent, at the same time, top line results outshined analysts by $ 0.75 million or 2.23 percent.
Stock Performance
Shares of Oaktree Specialty Lending Corporation traded low $ -0.01 or -0.19 percent on Wednesday, reaching $ 5.19 with volume of 579.30 thousand shares. Oaktree Specialty Lending Corporation has traded high as $ 5.32 and has cracked $ 5.11 on the downward trend
According to the previous trading day, closing price of $ 5.19, representing a 123.18 % increase from the 52 week low of $ 2.33 and a 7.96 % decrease over the 52 week high of $ 5.65.
The company has a market capital of $ 731.59 million and is part of the Financial Services sector and Credit Services industry.
Conference Call
Oaktree Specialty Lending Corporation will be hosting a conference call at 11:00 AM eastern time on 19th November 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, (877) 507-4376 (United States) or +1 (412) 317-5239 Outside U.S. in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.oaktreespecialtylending.com
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. The fund seeks to invest in education services, business services, retail and consumer, healthcare, manufacturing, food and restaurants, construction and engineering, and media and advertising sectors. It invests between $5 million to $75 million principally in the form of one-stop, first lien, and second lien debt investments, which may include an equity co-investment component in companies with enterprise value between $20 million and $150 million and EBITDA between $3 million and $50 million.
