Och-Ziff Capital Management Group LLC (NYSE:OZM) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, August 2nd. Analysts expect the company to announce earnings of $0.02 per share for the quarter.

Och-Ziff Capital Management Group (NYSE:OZM) last released its quarterly earnings data on Tuesday, May 2nd. The asset manager reported $0.07 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.05. The firm had revenue of $133.21 million for the quarter, compared to the consensus estimate of $104.31 million. Och-Ziff Capital Management Group had a negative return on equity of 41.72% and a negative net margin of 8.27%. The company’s quarterly revenue was down 24.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.11 earnings per share. On average, analysts expect Och-Ziff Capital Management Group to post $0.19 EPS for the current fiscal year and $0.29 EPS for the next fiscal year.

Och-Ziff Capital Management Group LLC (NYSE OZM) traded down 0.65% on Thursday, hitting $3.04. The stock had a trading volume of 950,457 shares. The firm’s market cap is $562.79 million. The company’s 50 day moving average price is $2.70 and its 200 day moving average price is $2.69. Och-Ziff Capital Management Group LLC has a 52-week low of $2.15 and a 52-week high of $4.78.

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Several analysts have issued reports on OZM shares. BidaskClub raised shares of Och-Ziff Capital Management Group from a “hold” rating to a “buy” rating in a research note on Wednesday, July 12th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $2.50 price objective on shares of Och-Ziff Capital Management Group in a research note on Thursday, July 6th. Jefferies Group LLC reissued a “hold” rating and issued a $2.50 price objective on shares of Och-Ziff Capital Management Group in a research note on Wednesday, June 28th. ValuEngine downgraded shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, Zacks Investment Research raised shares of Och-Ziff Capital Management Group from a “hold” rating to a “strong-buy” rating and set a $3.25 price objective for the company in a research note on Friday, July 14th. Seven research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $3.46.

About Och-Ziff Capital Management Group

Och-Ziff Capital Management Group LLC (Och-Ziff) is an institutional alternative asset manager. The Company provides asset management services through its funds, which pursue a range of global investment opportunities. The Company operates through two segments: the Och-Ziff Funds and real estate business.

Earnings History for Och-Ziff Capital Management Group (NYSE:OZM)

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