Market Overview

Earnings Preview for Oaktree Specialty Lending

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Oaktree Specialty Lending (NASDAQ: OCSL) releases its next round of earnings this Thursday, November 19. Get the latest predictions in Benzinga's essential guide to the company's Q4 earnings report.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Wall Street analysts see Oaktree Specialty Lending reporting earnings of $0.12 per share on sales of $35.84 million. Oaktree Specialty Lending reported a profit of $0.12 per share when it published results during the same quarter last year. Sales in that period totaled $34.51 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The analyst consensus estimate would represent 0% change in company's EPS figure. Revenue would be up 3.84% from the same quarter last year. Here is how the Oaktree Specialty Lending's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2019
EPS Estimate 0.11 0.10 0.12 0.12
EPS Actual 0.12 0.12 0.10 0.12
Revenue Estimate 33.65 M 31.97 M 34.34 M 35.97 M
Revenue Actual 34.40 M 34.17 M 30.96 M 34.51 M

Stock Performance

Shares of Oaktree Specialty Lending were trading at $5.2 as of November 17. Over the last 52-week period, shares are down 0.57%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Oaktree Specialty Lending is scheduled to hold the call at 12:30:00 ET and can be accessed here.

 

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Posted-In: Earnings