Owl Rock Capital Corporation’s ORCC fourth-quarter 2019 earnings per share of 36 cents improved 100% year over year due to higher net investment income.Quarter in DetailIn the quarter, total investment income was $202.3 million, up 75.4% year over year. New investment commitments were nearly $1 billion.The company concluded the fourth quarter with investments in 98 portfolio companies.Its interest expenses were $35.4 million. For the quarter under review, total expenses were $98.3 million.As of Dec 31, 2019, the company had cash and restricted cash of $317.2 million.Owl Rock Capital Corporation Price, Consensus and EPS Surprise Owl Rock Capital Corporation price-consensus-eps-surprise-chart | Owl Rock Capital Corporation QuoteAs of Dec 31, 2019, the company had net assets worth $6 billion, up 83.1% from the level at the end of 2018.It ended the fourth quarter with debt of nearly $3 billion, up 18.3% from the last year-end level.Full Year UpdateTotal investment income of the company was $718 million, up 84.6% from the 2018-end level. The upside can be attributed to a higher investment portfolio.In 2019, new investment commitments decreased 14.7% year over year to $4.4 billion.The company’s interest expenses of $136.4 million surged 77.7% from the 2018-end level. For 2019, total operating expenses skyrocketed 104.3% to $290.5 million due to higher interest expenses, management fees, performance-based incentive fees, professional fees, directors’ fees, and other general and administrative costs.Net cash used in operating activities for 2019 totaled $2.5 billion, down 20.3% from the 2018-end level.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.Among other players from the finance sector, having reported fourth-quarter earnings so far, the bottom lines of Discover Financial Services DFS, Affiliated Managers Group, Inc. AMG and Navient Corporation NAVI beat estimates.Biggest Tech Breakthrough in a GenerationBe among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.See 8 breakthrough stocks now>>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 Owl Rock Capital Corporation (ORCC): Free Stock Analysis Report Affiliated Managers Group, Inc. (AMG): Free Stock Analysis Report Navient Corporation (NAVI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research