Equity Profile

OWL

Blue Owl Capital Inc.

FinancialsAsset Management & Custody Banks$19.7B

Jul30Thu

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Blue Owl Capital Inc. is a financial services company focused on asset management and custody banking....

Key Metrics to Watch

EPS

Earnings per share is a key indicator of the company's profitability and financial health.

$0.23

Revenue

Total revenue gives insight into the company's overall sales performance and growth trajectory.

$714M

Wall Street expectations, options signals, track record, and call prep available with Pro.

OWL Q2-2026 Earnings Preview

Context

Company Snapshot

Blue Owl Capital Inc. is a financial services company focused on asset management and custody banking. With a market cap of $20 billion, it plays a significant role in managing investments and providing financial solutions, which are crucial in today's evolving financial landscape.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

25%

Avg EPS Surprise

-23.04%

Avg Stock Reaction

-2.00%

Last Quarter Recap

In Q1-2026, Blue Owl reported an EPS of $0.02, significantly missing the expected $0.19. Despite this, the stock rose by 9.80% the next day, indicating some investor optimism.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts expect Blue Owl to report an EPS of $0.23 and revenue of $714 million for Q2-2026. Given the recent earnings miss, there is a cautious sentiment in the market.

Bull Case

If Blue Owl meets or exceeds EPS and revenue expectations, it could signal a recovery in performance, leading to a positive stock reaction.

Bear Case

A continuation of earnings misses could raise concerns about the company's growth strategy and profitability, potentially leading to a negative stock reaction.

Key Metrics to Watch

EPS

$0.23

Earnings per share is a key indicator of the company's profitability and financial health.

Revenue

$714M

Total revenue gives insight into the company's overall sales performance and growth trajectory.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Blue Owl meet or exceed the consensus EPS of $0.23?

This will be crucial in assessing the company's recovery and ability to generate profit after a significant miss last quarter.

How does management plan to address the revenue expectations of $714 million?

Understanding their strategy for revenue growth will be key to evaluating the company's future performance.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate the potential for a rebound in Blue Owl's earnings, given the recent stock price reaction despite a significant earnings miss.

Supporting Evidence

The stock rose 9.80% after a substantial earnings miss, indicating underlying investor confidence.

Options pricing suggests a larger expected move, which could reflect an anticipated recovery or volatility.

Historical performance shows that the stock has reacted positively to earnings surprises in the past.

Key Risk

If the company reports an EPS significantly above $0.23, it could shift market sentiment dramatically.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is closely watching Blue Owl's ability to recover from recent earnings misses and meet expectations.

Bull Confirmed If

Achieving an EPS of $0.23 or higher would confirm a positive turnaround in profitability.

Bear Confirmed If

An EPS below $0.23 would reinforce concerns about the company's growth and operational challenges.

Pre-Earnings Positioning

Options Market

Implied Move

±9.61%

Historical Avg

±4.4%

Pricing rich

The options market is pricing in a significant move, suggesting that investors are anticipating volatility around the earnings report.

Options are pricing ±9.6% while OWL has averaged ±4.4% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.6%

30d HV

49.3%

Calls (590K)P/C Ratio: 0.80Puts (326K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Blue Owl beats expectations, history suggests a potential stock increase of around 2.7%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may react cautiously, reflecting ongoing investor uncertainty.

Miss

A miss on earnings could lead to a decline, with historical data suggesting an average drop of around 1.5%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on revenue growth strategies and how they plan to achieve the $714 million target.
2Management's commentary on operational efficiencies and cost management.
3Insights into market conditions affecting asset management and investment performance.
4Details on client acquisition and retention efforts in the current economic environment.
5Any changes in management's outlook for the remainder of the fiscal year.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Jul27

DYNBMO

Dyne Therapeutics, Inc.

PreviewView

Jul27

ARLPBMO

Company Snapshot

Blue Owl Capital Inc. is a financial services company focused on asset management and custody banking....

Key Metrics to Watch

EPS

Earnings per share is a key indicator of the company's profitability and financial health.

$0.23

Revenue

Total revenue gives insight into the company's overall sales performance and growth trajectory.

$714M

Wall Street expectations, options signals, track record, and call prep available with Pro.

OWL Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

25%

Avg EPS Surprise

-23.04%

Avg Stock Reaction

-2.00%

Last Quarter Recap

In Q1-2026, Blue Owl reported an EPS of $0.02, significantly missing the expected $0.19. Despite this, the stock rose by 9.80% the next day, indicating some investor optimism.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts expect Blue Owl to report an EPS of $0.23 and revenue of $714 million for Q2-2026. Given the recent earnings miss, there is a cautious sentiment in the market.

Bull Case

If Blue Owl meets or exceeds EPS and revenue expectations, it could signal a recovery in performance, leading to a positive stock reaction.

Bear Case

A continuation of earnings misses could raise concerns about the company's growth strategy and profitability, potentially leading to a negative stock reaction.

Key Metrics to Watch

EPS

$0.23

Earnings per share is a key indicator of the company's profitability and financial health.

Revenue

$714M

Total revenue gives insight into the company's overall sales performance and growth trajectory.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Blue Owl meet or exceed the consensus EPS of $0.23?

This will be crucial in assessing the company's recovery and ability to generate profit after a significant miss last quarter.

How does management plan to address the revenue expectations of $714 million?

Understanding their strategy for revenue growth will be key to evaluating the company's future performance.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate the potential for a rebound in Blue Owl's earnings, given the recent stock price reaction despite a significant earnings miss.

Supporting Evidence

The stock rose 9.80% after a substantial earnings miss, indicating underlying investor confidence.

Options pricing suggests a larger expected move, which could reflect an anticipated recovery or volatility.

Historical performance shows that the stock has reacted positively to earnings surprises in the past.

Key Risk

If the company reports an EPS significantly above $0.23, it could shift market sentiment dramatically.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is closely watching Blue Owl's ability to recover from recent earnings misses and meet expectations.

Bull Confirmed If

Achieving an EPS of $0.23 or higher would confirm a positive turnaround in profitability.

Bear Confirmed If

An EPS below $0.23 would reinforce concerns about the company's growth and operational challenges.

Pre-Earnings Positioning

Options Market

Implied Move

±9.61%

Historical Avg

±4.4%

Pricing rich

The options market is pricing in a significant move, suggesting that investors are anticipating volatility around the earnings report.

Options are pricing ±9.6% while OWL has averaged ±4.4% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.6%

30d HV

49.3%

Calls (590K)P/C Ratio: 0.80Puts (326K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Blue Owl beats expectations, history suggests a potential stock increase of around 2.7%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may react cautiously, reflecting ongoing investor uncertainty.

Miss

A miss on earnings could lead to a decline, with historical data suggesting an average drop of around 1.5%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on revenue growth strategies and how they plan to achieve the $714 million target.
2Management's commentary on operational efficiencies and cost management.
3Insights into market conditions affecting asset management and investment performance.
4Details on client acquisition and retention efforts in the current economic environment.
5Any changes in management's outlook for the remainder of the fiscal year.