
Overview
StoneX Group Q4 net operating revenues rise 29% yr/yr to $585.1 mln
Quarterly net income increases 12% to $85.7 mln despite acquisition-related charges
Diluted EPS for Q4 at $1.57, reflecting strong financial performance
Outlook
Company did not provide specific future guidance in its press release
Result Drivers
EQUITIES AND BROKERAGE - Strong contributions from equities trading, prime brokerage, and fixed income drove record quarterly results
ACQUISITION IMPACT - Acquisitions of R.J. O’Brien and The Benchmark Company contributed to revenue growth despite $9.3 mln in related charges
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Operating Revenues |
| $585.1 mln |
|
Q4 EPS |
| $1.57 |
|
Q4 Net Income |
| $85.7 mln |
|
Q4 ROE |
| 15.20% |
|
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the investment banking & brokerage services peer group is "buy."
Wall Street's median 12-month price target for StoneX Group Inc is $116.00, about 27.8% above its November 21 closing price of $83.71
Press Release: ID:nGNX2nbZM5
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