Blue Owl rises after Q1 profit beats estimates

Blue Owl Capital

30/04/2026 13:23

** Shares of alternative asset manager Blue Owl OWL.N rise 6% to $9.43 premarket

** OWL's Q1 profit beats on higher fee-related earnings and rising assets, although its private credit funds showed some strain

** Co posts Q1 adjusted distributable EPS of 19 cents, topping Street expectations of 18 cents - LSEG compiled data

** Its Q1 fee-related EPS rose to 25 cents, vs 22 cents a year-ago

** Assets under management jumped 15% to $314.9 billion in Q1

** Stock down 40.6% YTD, through last close

 (Reporting by Manya Saini in Bengaluru)

 ((Manya.Saini@thomsonreuters.com))