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Oaktree Specialty Lending: Fiscal Q3 Earnings Snapshot
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LOS ANGLES, Calif. (AP) — LOS ANGLES, Calif. (AP) — Oaktree Specialty Lending Corp. (OCSL) on Wednesday reported fiscal third-quarter net income of $30.9 million.

On a per-share basis, the Los Angles, California-based company said it had profit of 35 cents. Earnings, adjusted for one-time gains and costs, came to 37 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share.

The specialty finance company posted revenue of $69.4 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $69.6 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OCSL at https://www.zacks.com/ap/OCSL

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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