Recap: Oaktree Strategic Income Q1 Earnings


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


 

Shares of Oaktree Strategic Income (NASDAQ:OCSI) remained unaffected after the company reported Q1 results.

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Quarterly Results

Earnings per share fell 12.50% year over year to $0.14, which beat the estimate of $0.13.

Revenue of $8,987,000 declined by 22.55% from the same period last year, which beat the estimate of $8,760,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Oaktree Strategic Income hasn't issued any revenue guidance for the time being.


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How To Listen To The Conference Call

Date: Feb 04, 2021

Time: 12:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/w59rzyw5

Technicals

Company's 52-week high was at $8.50

Company's 52-week low was at $4.28

Price action over last quarter: Up 8.09%

Company Profile

Oaktree Strategic Income Corp is a specialty finance company. It focuses on providing customized capital solutions to middle-market companies. The company offers a range of first-lien financing solutions to companies across a wide variety of industries.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsNewsBZI-Recaps