Oaktree Specialty Lending: Fiscal Q3 Earnings Snapshot

Oaktree Specialty Lending Corp. (OCSL) on Thursday reported a loss of $37.8 million in its fiscal third quarter.

The Los Angles, California-based company said it had a loss of 21 cents per share. Earnings, adjusted for investment costs, were 17 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share.

The specialty finance company posted revenue of $63.1 million in the period.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OCSL at https://www.zacks.com/ap/OCSL

Leave a Reply

Your email address will not be published.