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Oaktree Specialty Lending (OCSL)
NASDAQ:OCSL
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Earnings Data
Report Date
Feb 04, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.53Last Year’s EPS
0.57Same Quarter Last Year
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 29, 2018
|% Change Since: 0.51%
|Next Earnings Date:Aug 08, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a balanced view. While OCSL demonstrated strong liquidity, stable income, and strategic leadership appointments, it also faced challenges with an increase in nonaccrual investments and a slight decrease in net asset value.Company Guidance
During the Oaktree Specialty Lending Corporation's Q4 2024 earnings call, several key metrics were highlighted. The adjusted net investment income (NII) for the quarter was reported at $45 million, or $0.55 per share, consistent with the previous quarter. For the full fiscal year, the adjusted NII was $179 million, or $2.23 per share. The company originated $259 million in new investment commitments with a weighted average yield of 9.9%, while paydowns and exits generated $338 million, indicating robust activity levels. Additionally, OCSL's net asset value per share slightly decreased to $18.09, and the net leverage ratio at quarter-end was 1.07x. The Board approved a quarterly dividend of $0.55 per share. Investments on nonaccrual status accounted for 4% at fair value. The company maintained substantial liquidity with $908 million of undrawn capacity and $64 million in cash and cash equivalents.Stable Adjusted Net Investment Income
Adjusted NII for Q4 2024 was $45 million or $0.55 per share, consistent with Q3 2024 results.
First Lien Investment Increase
First lien investments increased to 82% from 76% at fiscal year-end 2023, indicating a strategic shift towards more secure investment structures.
Substantial Liquidity
OCSL had $908 million of undrawn capacity under credit facilities and $64 million in cash, providing strong liquidity for future investments.
Reduction in Management Fees
Implemented a permanent reduction in the base management fee from 1.5% to 1.6% of gross assets effective July 1, 2024.
Successful Investment Exits
Paydowns and exits generated $338 million in proceeds in Q4, up from $186 million in Q3, reflecting strong portfolio performance.
Appointment of New Co-Chief Investment Officer
Raghav Khanna was appointed as Co-Chief Investment Officer, highlighting a strengthening of the leadership team.
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OCSL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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OCSL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 19, 2024 | $15.60 | $15.07 | -3.40% |
| Aug 01, 2024 | $16.83 | $16.15 | -4.04% |
| Apr 30, 2024 | $18.03 | $17.38 | -3.61% |
| Feb 01, 2024 | $18.68 | $17.21 | -7.87% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Oaktree Specialty Lending (OCSL) report earnings?
Oaktree Specialty Lending (OCSL) is schdueled to report earning on Feb 04, 2025, TBA Not Confirmed.
What is Oaktree Specialty Lending (OCSL) earnings time?
Oaktree Specialty Lending (OCSL) earnings time is at Feb 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OCSL EPS forecast?
OCSL EPS forecast for the fiscal quarter 2025 (Q1) is 0.53.
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