Movement Alert|Blue Owl Capital Inc. Intraday Rise 5.95% in Regular Trading, Q3 earnings and revenue topped expectations

Market Focus10-30 00:13

On October 30, Blue Owl Capital Inc. rose 5.95% in Regular Trading, trading at $10.24 per share, with turnover of $190 million.

The move followed quarterly results showing distributable earnings of $0.24 per diluted share for the third quarter, above the $0.23 consensus and up from $0.22 a year earlier, while revenue rose to $806.5 million from $728.0 million and also exceeded market expectations.

Additional disclosed operating figures indicated assets under management increased about 12% year over year to nearly $330 billion, and new capital commitments reached $12.6 billion in the quarter, supporting investor expectations for continued fundraising and earnings resilience.

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