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Stock impact report

Blue Owl Distributable Earnings Rise, Revenue Climbs [Yahoo! Finance]

Blue Owl Capital Inc. Class A (OWL) 
Company Research Source: Yahoo! Finance
Blue Owl Capital's first-quarter distributable earnings climbed as the asset manager logged higher revenue and grew its assets under management. Blue Owl on Thursday posted a profit of $15.5 million, or two cents a share, compared with $7.43 million, or zero cents a share, a year earlier. Most Read from The Wall Street Journal Amazon Discusses ‘Apprentice' Reboot—With Don Jr. as a Potential Host Google Profit Jumps 81% as Cloud Business Booms Powell Won't Leave. The Fed Won't Cut. Warsh Will Have to Deal With Both. White House Opposes Anthropic's Plan to Expand Access to Mythos Model Powell to Remain on Fed Board, Citing Legal Pressure From Trump Distributable earnings, a closely tracked metric for publicly traded investment firms who pay dividends, climbed 11% to $292.5 million, or 19 cents a share. Analysts polled by FactSet had expected distributable earnings of $285.6 million. Fee-related earnings—another metric watched by analysts—climbed to $393.6 million, or Show less Read more
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