Oaktree Specialty Lending (NASDAQ: OCSL ) is a business development company (entity providing financing for businesses struggling to acquire banking or public financing) that concentrates on debt investments provided to various industries, focusing on the application software space. As of June 30, 2024, the Company had 158Welcome to Cash Flow Venue, where dividends do the heavy lifting! Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I’ve built a rock-so ...

Core Viewpoint - Oaktree Specialty Lending Corporation will report its financial results for the fourth fiscal quarter and full year ended September 30, 2024, on November 19, 2024, before the market opens [1] Group 1: Financial Reporting - The financial results will be discussed in a conference call scheduled for November 19, 2024, at 11:00 a.m. Eastern Time [1] - Access to the conference call will be available via phone or through a live webcast on the company's website [1] Group 2: Company Overview - Oaktree Specialty Lending Corporation is a specialty finance company focused on providing customized credit solutions to companies with limited access to capital markets [3] - The company's investment objective includes generating current income and capital appreciation through various financing solutions such as first and second lien loans, unsecured and mezzanine loans, and preferred equity [3] - The company is regulated as a business development company under the Investment Company Act of 1940 and is managed by Oaktree Fund Advisors, LLC, an affiliate of Oaktree Capital Management, L.P. [3]

Group 1 - Business Development Companies (BDCs) are favored by income-focused investors due to their high yields [1] - BDCs operate similarly to banks, primarily lending to the less liquid middle-market corporate debt market, which typically offers high yields [1] - Some BDCs utilize leverage to enhance their returns [1] Group 2 - The analyst, Harrison, has been writing on Seeking Alpha since 2018 and has over a decade of market experience [1] - Harrison's professional background includes private equity, real estate, and economic research [1] - He possesses an academic foundation in financial econometrics, economic forecasting, and global monetary economics [1]

arthon meekodong/iStock via Getty Images Oaktree Specialty Lending (NASDAQ:OCSL) suffered increasing selling pressure in 2024 as the BDC disclosed loan performance issues which resulted in a quite significant increase in the non-accrual percentage. The BDC's balance sheet quality continued to suffer in the June quarter, but Oaktree Specialty Lending is seeking to strengthen its portfolio by focusing more on running a first lien strategy going forward. Despite the increase in the non-accrual percentage, Oakt ...

For the quarter ended June 2024, Oaktree Specialty Lending (OCSL) reported revenue of $94.97 million, down 6.8% over the same period last year. EPS came in at $0.55, compared to $0.62 in the year-ago quarter. The reported revenue represents a surprise of -4.41% over the Zacks Consensus Estimate of $99.35 million. With the consensus EPS estimate being $0.57, the EPS surprise was -3.51%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations t ...

Oaktree Specialty Lending (OCSL) came out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.62 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.51%. A quarter ago, it was expected that this specialty finance company would post earnings of $0.57 per share when it actually produced earnings of $0.56, delivering a surprise of -1.75%. Over the la ...

LOS ANGELES, CA, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ: OCSL) ("Oaktree Specialty Lending" or the "Company"), a specialty finance company, today announced its financial results for the fiscal quarter ended June 30, 2024. Financial Highlights for the Quarter Ended June 30, 2024 Total investment income was $95.0 million ($1.16 per share) for the third fiscal quarter of 2024, as compared with $94.0 million ($1.18 per share) for the second fiscal quarter of 2024. The in ...

i Chip The i Investment Thesis $3 Billion Portfolio: A Fortress of Senior Secured Debt and Strategic Diversification (As % of total portfolio at fair value; $ in millions) OCSL OCSL's broad diversification across multiple industries helps cushion the impact of sector-specific downturns. The software sector commands the most significant industry exposure, which carries some concentration risk at 19% but also denotes confidence in this sector's robust growth and resilience. Biotechnology and industrial machin ...

Portfolio Visualizer Valuation In terms of valuation, the price has trended downward for the year as a result of the lack of meaningful NAV growth. However, the price does trade at a very slight premium to NAV of about 0.5%. This is a slightly more attractive premium than when I initially covered OCSL and the premium sat above 1%. However, these differences are quite trivial and there are plenty of BDCs that regularly trade at massive premiums or massive discounts. A lot of the pricing depends on the fund's ...

For those individuals unable to listen to the live broadcast of the conference call, a replay will be available on Oaktree Specialty Lending's website, or by dialing (877) 344-7529 (U.S. callers) or +1 (412) 317-0088 (nonU.S. callers), access code 8388100, beginning approximately one hour after the broadcast. Investor Relations: Oaktree Specialty Lending Corporation Clark Koury (213) 327-9980 ocsl-ir@oaktreecapital.com Oaktree Specialty Lending Corporation (NASDAQ:OCSL) is a specialty finance company dedica ...