Blue Owl Capital Corporation (OBDC) Expected to Beat Earnings Estimates: Should You Buy?

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Blue Owl Capital Corporation due to lower revenues, with a focus on how actual results will compare to estimates [1][3]. Earnings Expectations - The upcoming earnings report is expected to show earnings of $0.46 per share, reflecting a -9.8% change year-over-year, and revenues of $395.59 million, down 3.8% from the previous year [3]. - A positive surprise in earnings could lead to a stock price increase, while a miss may result in a decline [2]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4]. - The Most Accurate Estimate for Blue Owl Capital is higher than the Zacks Consensus Estimate, suggesting a recent bullish sentiment among analysts, resulting in an Earnings ESP of +2.17% [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [8]. - Blue Owl Capital currently holds a Zacks Rank of 3, indicating a likelihood of beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, Blue Owl Capital was expected to post earnings of $0.48 per share but delivered $0.47, resulting in a -2.08% surprise [12]. - Over the last four quarters, the company has beaten consensus EPS estimates two times [13]. Conclusion - While Blue Owl Capital appears to be a compelling candidate for an earnings beat, other factors should also be considered before making investment decisions [16].