Oaktree Capital beats by $0.21, beats on revs
- Reports Q1 (Mar) earnings of $0.93 per share, excluding non-recurring items, $0.21 better thanthe Capital IQ Consensus of $0.72; revenues rose 15.3% year/year to $451.2 mln vs the $331.82 mln Capital IQ Consensus.
- Assets under management were $121.4 billion, down 2% for the quarter and up slightly over the last 12 months. Management fee-generating assets under management were $102.0 billion, down 2% for the quarter and up 2% over the last 12 months.
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