Oaktree Strategic Income Corporation (NASDAQ:OCSI) is reporting third quarter earnings results on Monday 10th August 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.12 per share.
For the full year, analysts predict revenues of $ 43.12 million, while looking forward to income of $ 0.56 per share.
Previous Quarter Performance
Oaktree Strategic Income Corporation came out with income for the second quarter of $ 0.15 per share, from the revenue of $ 10.34 million. The quarterly earnings declined 16.67 percent compared with the same quarter last year. Street analysts expected Oaktree Strategic Income Corporation to report income of $ 0.16 per share on revenue of $ 11.59 million for the second quarter. The bottom line results missed street analysts by $ 0.01 or 6.25 percent, at the same time, top line results fell short of analysts by $ 1.25 million or 10.79 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of OCSI was $ 6.55, representing a 53.04 % increase from the 52 week low of $ 4.28 and a 22.94 % decrease over the 52 week high of $ 8.50.
The company has a market capital of $ 193.01 million and is part of the Financial Services sector and Asset Management industry.
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Recent Stock Dividend Announcement
On May 7, 2020, the board of directors authorized quarterly dividend of $ 0.125 per share to holders of record as of the close of business on June 15, 2020, with payment date of June 30, 2020 and ex-dividend date on June 12, 2020.
Conference Call
Oaktree Strategic Income Corporation will be hosting a conference call at 12:30 PM eastern time on 10th August 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.oaktreecapital.com
Fifth Street Senior Floating Rate Corp. is a business development company specializing in providing financing solutions in the form of floating rate senior secured loans to mid-sized companies.
