NYSE$OBDC

Blue Owl Capital Corporation · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported net investment income per share of $0.32 and NAV per share of $14.48.

Owl Rock Capital Corporation reported a strong second quarter with net investment income of $125.1 million, or $0.32 per share, and a net loss of $34.9 million, or $(0.09) per share. The company's net asset value per share was $14.48 at the end of the quarter. New investment commitments totaled $603.4 million.

  • Net investment income was $125.1 million, or $0.32 per share.
  • Net loss was $34.9 million, or $(0.09) per share.
  • Net asset value per share was $14.48 as of June 30, 2022.
  • New investment commitments totaled $603.4 million.

Headline financials

Total Revenue

$273M

Previous: $249M+9.7%
EPS (adj)

$0.32

Previous: $0.30+6.7%
NAV per share

$14.48

Previous: $14.90-2.8%
Net Income

-$34.9M

Previous: $150M-123.2%
Operating Income

$127M

Previous: $119M+6.2%
Cash & Equivalents

$300M

Previous: $627M-52.2%
Total Assets

$13.1B

Previous: $12.6B+3.6%

Revenue & EPS history

Blue Owl · Revenue · Quarterly

$273M

Q2 2022+9.7%vs Q2 2021
Beat estimate in 4 of 15 quarters(27%)
ActualEstimate

Revenue by segment

Blue Owl · $19.3M total across 1 segment · Q2 2022

  • Joint ventures
    $19.3M-68.1%

Forward guidance

The Company expects earnings to benefit from rising interest rates beginning next quarter.

Tailwinds

  • Earnings expected to benefit from rising interest rates

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+0.6%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+0.4%

Avg return

30 days after

63%

17 / 27 earnings

Positive

+6.6%

Q3 2022

Best reaction

-5.4%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.9%-5.1%-6.3%
Q4 2025-1.0%+1.1%-3.5%
Q3 2025-5.4%-5.6%+5.5%
Q1 2025+1.2%+6.3%+6.3%
Q4 2024-0.7%-1.9%-4.2%
Q3 2024+1.2%+1.4%+4.6%
Q2 2024-1.6%-2.9%-0.9%
Q1 2024-0.9%+0.2%+0.1%
Q4 2023+1.5%+0.7%+2.9%
Q3 2023+1.7%+3.5%+7.3%
Q2 2023-0.7%-1.5%-3.4%
Q1 2023+1.8%+3.4%+8.1%
Q4 2022+5.2%+4.9%-5.0%
Q3 2022+6.6%+9.0%+8.7%
Q2 2022+1.3%+6.3%+1.7%
Q1 2022-4.9%-8.6%-5.1%
Q4 2021+2.0%+2.8%+2.5%
Q3 2021+0.1%+1.6%-2.7%
Q2 2021+0.1%+0.3%+2.3%
Q1 2021-2.6%-3.7%+0.9%
Q4 2020+0.4%+0.8%-0.4%
Q3 2020+5.6%+9.3%+12.9%
Q2 2020+3.0%+3.1%+0.4%
Q1 2020+3.6%+4.8%+3.7%
Q4 2019-1.2%-5.9%-35.5%
Q3 2019+1.7%+2.4%+7.2%
Q2 2019+1.7%+2.1%+1.9%
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016

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