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Oaktree Specialty Lending (OCSL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Oaktree Specialty Lending Corporation is as close to a perfect BDC as can be, in my opinion. The BDC has no non-accruals and continues to offer passive income investors a very high margin of safety.
OCSL carries a strong balance sheet and has a conservatively managed portfolio. It's benefiting from higher interest rates and has no investments on non-accrual.
We discuss quarterly results from business development company Oaktree Specialty Lending and highlight key income dynamics of the portfolio. OCSL generated strong net income growth and hiked its base dividend once again, alongside declaring a new special dividend.
Oaktree Specialty Lending covered its dividend with net investment income. The portfolio is very well performing.
Both Main Street Capital and Oaktree Specialty Lending boast investment-grade credit ratings. Both recently reported quarterly earnings.
Oaktree Specialty Lending (OCSL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Oaktree Specialty Lending Corporation (NASDAQ:OCSL ) Q4 2022 Results Conference Call November 15, 2022 11:00 AM ET Company Participants Michael Mosticchio - Head, IR Armen Panossian - CEO and Chief Investment Officer Matt Pendo - President Chris McKown - CFO and Treasurer Matt Stewart - COO Conference Call Participants Kevin Fultz - JMP Securities Bryce Rowe - B. Riley Erik Zwick - Hovde Group Ryan Lynch - KBW Operator Good day, and welcome.
Oaktree Specialty Lending (OCSL) delivered earnings and revenue surprises of -5.26% and 5.54%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?