Here's What Key Metrics Tell Us About Blue Owl Capital Corporation (OBDC) Q2 Earnings

Core Insights - Blue Owl Capital Corporation reported revenue of $396.76 million for the quarter ended June 2024, reflecting a year-over-year increase of 0.6% and a surprise of +2.04% over the Zacks Consensus Estimate of $388.84 million [1] - The company's EPS was $0.48, unchanged from the same quarter last year, with an EPS surprise of +2.13% compared to the consensus estimate of $0.47 [1] Financial Performance Metrics - Investment income from non-controlled, non-affiliated investments showed strong performance with interest income at $287.36 million, exceeding the average estimate of $284.29 million [3] - Other income from non-controlled, non-affiliated investments was reported at $5.99 million, surpassing the average estimate of $4.69 million [3] - Payment-in-kind interest income from non-controlled, non-affiliated investments reached $44.27 million, above the estimated $40.73 million [4] - Dividend income from non-controlled, non-affiliated investments was reported at $16.31 million, which was below the average estimate of $21.33 million [4] - Interest income from controlled, affiliated investments was $7.17 million, slightly below the average estimate of $7.95 million [4] - Other income from controlled, affiliated investments was $0.18 million, marginally below the average estimate of $0.19 million [5] Stock Performance - Over the past month, shares of Blue Owl Capital Corporation have returned -3.7%, compared to a -5.9% change in the Zacks S&P 500 composite [5] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [5]