earnings
confidence high
sentiment negative
materiality 0.75
Oaktree Specialty Lending Q1 NII $0.54/sh, NAV $17.63; Oaktree buys $100M shares at NAV
Oaktree Specialty Lending Corp
2025-Q1 EPS reported
$0.09
- Total investment income $86.6M ($1.05/sh), down from $94.7M ($1.15/sh) QoQ due to lower rates and non-accruals.
- GAAP NII $44.3M ($0.54/sh) vs $44.9M ($0.55/sh) QoQ; adjusted NII $44.7M ($0.54/sh).
- NAV per share fell to $17.63 from $18.09 QoQ on losses in debt/equity investments.
- Oaktree Capital purchased $100M of OCSL stock at NAV ($17.63), a 10% premium to close, boosting NAV ~7%.
- Quarterly base dividend $0.40/sh plus supplemental $0.07/sh declared; new policy of base + variable supplemental.