Published on 9 May 2023 on Zacks via Yahoo Finance
Owl Rock Capital Corporation ORCC is set to report its first-quarter 2023 results on May 10, after the closing bell.
In the last reported quarter, the business development company reported adjusted earnings per share of 41 cents, beating the Zacks Consensus Estimate by 2.5% due to growth in the portfolio, increased interest rates and record net investment income. However, the positives were partially offset by higher costs.
Let’s see how things have shaped up prior to the first-quarter earnings announcement.