Oaktree Capital beats by $0.25 (47.70)
- Reports Q2 (Jun) earnings of $1.73 per share, $0.25 better than the Capital IQ Consensus of $1.48.
- Assets under management were $99.3 billion, down 1% for the quarter and up 1% over the last 12 months.
- Gross capital raised was $1.4 billion and $11.4 billion for the quarter and last 12 months, respectively.
- Uncalled capital commitments were $21.5 billion, of which $12.8 billion were not yet generating management fees.
- Management fee-generating assets under management were $79.8 billion, up 1% for the quarter and up slightly over the last 12 months