Owl Rock Capital Reports Better Than Expected Q1 Earnings
<p><a href='https://financialmodelingprep.com/financial-summary/ORCC'>Owl Rock Capital (NYSE:ORCC)</a> reported its Q1 earnings results, with NII (net interest income) of $0.45 beating the Street estimate of $0.43. Total Investment Income was $377.62 million, better than the Street estimate of $364.74 million.</p>
<p>The company continues to return capital to shareholders under its new capital return framework. It repurchased a total of $49 million of shares through May 10, under its previously announced $150 million program.</p>
<p>According to the analysts at RBC Capital, the company could be on track to deliver over 12% ROE this year. Credit performance in the portfolio is still solid. The analysts expect to gain further insight into the company’s investment approach and potential return profile through cycles at the upcoming investor day.</p>

NYSE:ORCC