TPG Inc reports results for the quarter ended December 31 - Earnings Summary

• TPG Inc TPG.OQ reported quarterly adjusted earnings of 71 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 51 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 52 cents per share. Wall Street expected results to range from 48 cents to 57 cents per share.

• Revenue fell 0.7% to $461.41 million from a year ago; analysts expected $478.96 million.

• TPG Inc's reported EPS for the quarter was 4 cents​.

• The company reported quarterly net income of $12.98 million.

• TPG Inc shares had fallen by 0.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.4% in the last three months.​

• In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the investment management & fund operators peer group is also "buy"

Wall Street's median 12-month price target for TPG Inc is $72.50

This summary was machine generated from LSEG data February 11 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)