Och-Ziff Capital Management Group (NYSE:OZM) is scheduled to be releasing its earnings data before the market opens on Thursday, May 9th. Analysts expect Och-Ziff Capital Management Group to post earnings of $0.17 per share for the quarter.
Och-Ziff Capital Management Group (NYSE:OZM) last released its quarterly earnings results on Thursday, March 7th. The asset manager reported $0.31 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.50 by ($0.19). Och-Ziff Capital Management Group had a negative net margin of 4.79% and a negative return on equity of 1,788.13%. The company had revenue of $166.42 million for the quarter, compared to analysts’ expectations of $145.79 million. On average, analysts expect Och-Ziff Capital Management Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
NYSE:OZM opened at $15.98 on Wednesday. Och-Ziff Capital Management Group has a fifty-two week low of $8.60 and a fifty-two week high of $23.00. The firm has a market cap of $779.02 million, a P/E ratio of 13.66 and a beta of 1.33.
In other news, CFO Thomas Michael Sipp sold 3,537 shares of the firm’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $15.57, for a total transaction of $55,071.09. Following the transaction, the chief financial officer now owns 105,507 shares in the company, valued at $1,642,743.99. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Erez Elisha sold 1,758 shares of the firm’s stock in a transaction on Friday, March 15th. The shares were sold at an average price of $15.80, for a total value of $27,776.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 24,256 shares of company stock worth $354,165. Insiders own 60.77% of the company’s stock.
WARNING: This story was originally posted by Baseball Daily News and is the property of of Baseball Daily News. If you are viewing this story on another domain, it was illegally stolen and republished in violation of United States and international trademark & copyright law. The correct version of this story can be viewed at https://www.baseballdailydigest.com/news/2019/05/08/och-ziff-capital-management-group-ozm-set-to-announce-earnings-on-thursday.html.
About Och-Ziff Capital Management Group
Och-Ziff Capital Management Group LLC is a publicly owned hedge fund sponsor. The firm provides investment advisory services for its clients. It primarily caters to institutional investors which include pension funds, fund-of-funds, foundations and endowments, corporations and other institutions, private banks and family offices.
Featured Article: Momentum Indicator: Relative Strength Index
Receive News & Ratings for Och-Ziff Capital Management Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Och-Ziff Capital Management Group and related companies with MarketBeat.com's FREE daily email newsletter.