WS #16502
Blue Owl Capital reported Q3 Non-GAAP EPS of $0.24, beating estimates, with revenue up 10.8% year-over-year. T. Rowe Price also beat street estimates, with assets under management totaling $1.863 trillion. These results suggest that private credit markets remain active and that asset managers are navigating the current rate environment without significant distress, providing a floor for financial sector sentiment.
Private Credit and Financial Services
Blue Owl Capital reported Q3 Non-GAAP EPS of $0.24, beating estimates, with revenue up 10.8% year-over-year. T. Rowe Price also beat street estimates, with assets under management totaling $1.863 trillion. These results suggest that private credit markets remain active and that asset managers are navigating the current rate environment without significant distress, providing a floor for financial sector sentiment.