LOS ANGLES, Calif. (AP) — LOS ANGLES, Calif. (AP) — Oaktree Specialty Lending Corp. (OCSL) on Thursday reported fiscal third-quarter net income of $36.7 million.
On a per-share basis, the Los Angles, California-based company said it had net income of 48 cents. Earnings, adjusted for one-time gains and costs, came to 62 cents per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.
The specialty finance company posted revenue of $101.9 million in the period, which beat Street forecasts. Four analysts surveyed by Zacks expected $101.3 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OCSL at https://www.zacks.com/ap/OCSL
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