Oaktree Announces First Quarter 2016 Financial Results

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Oaktree Capital Group (OAK) Tops Q1 EPS by 1c

April 28, 2016 8:43 AM EDT

Oaktree Capital Group (NYSE: OAK) reported Q1 EPS of $0.49, $0.01 better than the analyst estimate of $0.48. Revenue for the quarter came in at $312.94 million versus the consensus estimate of $288.16 million.

Assets under management were $96.9 billion, down 1% for the quarter and 3% over the last 12 months. Management fee-generating... More