Owl Rock Capital Corporation’s ORCC second-quarter 2021 earnings per share of 30 cents beat the Zacks Consensus Estimate of 29 cents by 3.4% on the back of higher prepayment-related income. However, the same declined 11.8% year over year.The company witnessed a better investment income and new investment commitments in the second quarter. However, the same was partly offset by escalating expenses.Owl Rock Capital Corporation Price, Consensus and EPS Surprise Owl Rock Capital Corporation price-consensus-eps-surprise-chart | Owl Rock Capital Corporation QuoteQuarter in DetailIn the quarter, the company’s total investment income was $249, up 30.9% year over year. This upside was on the back of an enhanced investment portfolio and a hike in investment income as a result of higher dividend income.New investment commitments were $1.58 billion across 16 new portfolio companies and 12 current portfolio companies, down 360% year over year.The company concluded the second quarter with investments in 129 portfolio companies with an aggregate fair value of $11.9 billion. As of Jun 30, 2021, the average investment size in each portfolio company was $92.3 million based on fair value.Total operating expenses of $129.7 million rose 27.6% year over year due to higher management fees and interest expenses along with the expiration of the management and incentive fee waiver in October 2020.The company’s interest expenses of $54.4 million increased 38.9% year over year due to higher average daily borrowings. However, the same was partly offset by a reduced average interest rate.Dividend UpdateThe company declared a second-quarter dividend of 31 cents per share for its shareholders of record on Sep 30, 2021. The amount will be paid out on or before Nov 15, 2021.Financial Update (as of Jun 30, 2021)The company had cash and restricted cash worth $627.2 million, up 75.3% from the level as of Dec 31, 2020.The company exited the second quarter with $6.38 billion of debt, up 20.6% from the level on Dec 31, 2020. Owl Rock Capital had $1.6 billion of undrawn capacity under its credit facilities.It had total assets worth $12.6 billion, up 33% from the level at 2020 end.Zacks Rank & Peer ReleasesOwl Rock Capital currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Of the finance sector players that have reported second-quarter results so far, the bottom-line results of American Express Company AXP, Synchrony Financial SYF and Discover Financial Services DFS beat the respective Zacks Consensus Estimate. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Discover Financial Services (DFS): Free Stock Analysis Report American Express Company (AXP): Free Stock Analysis Report Owl Rock Capital Corporation (ORCC): Free Stock Analysis Report Synchrony Financial (SYF): Free Stock Analysis Report To read this article on Zacks.com click here.