Oaktree Strategic Income Corporation (NASDAQ:OCSI) is expected to report fourth quarter earnings results, before market open, on Thursday 19th November 2020.
Analysts polled by Thomson Reuters anticipate fourth quarter income of $ 0.12 per share.
Looking ahead, the full year income are expected at $ 0.54 per share on the revenues of $ 39.17 million.
Previous Quarter Performance
Oaktree Strategic Income Corporation recorded income for the third quarter of $ 0.11 per share, from the revenue of $ 8.64 million. The quarterly earnings declined 45.00 percent while revenues reduced 37.44 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.12 per share from $ 10.35 million in revenue. The bottom line results missed street analysts by $ 0.01 or 8.33 percent, at the same time, top line results fell short of analysts by $ 1.71 million or 16.52 percent.
Stock Performance
Shares of Oaktree Strategic Income Corporation traded up $ 0.01 or 0.14 percent on Wednesday, reaching $ 7.20 with volume of 148.60 thousand shares. Oaktree Strategic Income Corporation has traded high as $ 7.40 and has cracked $ 7.19 on the downward trend
According to the previous trading day, closing price of $ 7.20, representing a 67.99 % increase from the 52 week low of $ 4.28 and a 15.41 % decrease over the 52 week high of $ 8.50.
The company has a market capital of $ 212.16 million and is part of the Financial Services sector and Asset Management industry.
Conference Call
Oaktree Strategic Income Corporation will be hosting a conference call at 12:30 PM eastern time on 19th November 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, (877) 507-4376 Toll Free or +1 (412) 317-5239 (International) in order to access the live audio call. 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.
