Oaktree Specialty Lending reports Q4 adjusted EPS 41c, consensus 38c

Reports Q4 NAV per share $16.30, down vs. the previous quarter with $16.64. “We delivered solid results in the Q1 including adjusted net investment income of $36.7M, or 41c per share, and fully covered our dividend,” said Armen Panossian, CEO and Chief Investment Officer of Oaktree Specialty Lending (OCSL). “We also made continued progress in stabilizing our investment portfolio and are optimistic that we will see continued progress in the coming quarters. New deployments for the quarter were strong at $317M. Looking ahead, we will continue to evaluate levers to help offset lower base rates and support net investment income.”