Blue Owl Capital reports Q4 adjusted Fee-related EPS 20c, consensus 17c

Reports Q4 revenue $494.03M, consensus $428.71M. Reports AUM of $165.7Bp 20% since December 31, 2022. “Blue Owl reported another strong quarter and year of revenue and earnings growth, showcasing the stability, predictability, and resilience that we believe makes our business model distinct. This has allowed us to increase our 2024 dividend by almost 30%,” said Doug Ostrover and Marc Lipschultz, Co-CEOs of Blue Owl. “We continue to see robust expansion across each of our businesses, reflecting clear investor interest in our strategies across an expanding institutional and wealth footprint. Supplementing the scaling of our existing platform, we are developing new capital solutions for a number of new markets, laying the foundation for the next layer of growth.”