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StoneX Group (SNEX)
NASDAQ:SNEX
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Earnings Data
Report Date
Feb 05, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
2.17Last Year’s EPS
2.13Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Dec 11, 2018
|% Change Since: 13.25%
|Next Earnings Date:Aug 06, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with record net income and operating revenues, driven by strategic initiatives and strong segment performances, particularly in the institutional and self-directed retail segments. However, challenges remain in the payments and OTC derivatives segments, with increased expenses and tighter spreads impacting performance.Company Guidance
During the fourth quarter earnings call for StoneX Group (SNEX) on November 20, 2024, the executives highlighted a record net income of $76.7 million, marking a 51% increase from the previous year and a 24% rise from the previous quarter. The company achieved earnings per share growth of 48% year-over-year. Operating revenues reached $920.1 million, up 18% from the prior year, although net operating revenues decreased by 3% compared to the preceding quarter. Return on equity was reported at 18.5% on stated book value and 19.4% on tangible book value. For the full fiscal year, StoneX recorded operating revenues of $3.4 billion, a net income of $260.8 million, and earnings per share of $7.96. Despite a 21% increase in book value per share to $53.62, the company faced challenges with lower revenue capture in certain segments due to market conditions. The institutional segment showed robust growth, while other segments, like payments, struggled with tighter spreads. The call also emphasized StoneX's strategic focus on expanding its digital offerings and improving operational efficiencies through technology investments.Record Net Income and Earnings
The fourth quarter of fiscal 2024 was a record result with net income of $76.7 million, up 51% year-over-year, and earnings per share up 48%.
Operating Revenue Growth
Record operating revenues of $920.1 million, up 18% versus the prior year, with full year operating revenues reaching $3.4 billion, up 18%.
Strong Institutional Segment Performance
Institutional segment had a record quarter in both operating revenues and segment income, with increases over the prior year of 30% and 41%, respectively.
Self-Directed Retail Segment Growth
Self-directed retail segment reported operating revenues up 13% year-over-year, and segment income increased by 6%.
Innovative Strategic Initiatives
Expansion into digital trading and self-directed platforms, and strategic acquisitions like Octo Financing to enhance capabilities.
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SNEX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SNEX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 19, 2024 | $96.71 | $102.74 | +6.24% |
| Aug 06, 2024 | $74.68 | $76.10 | +1.90% |
| May 08, 2024 | $77.89 | $79.18 | +1.66% |
| Feb 06, 2024 | $65.68 | $64.23 | -2.21% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does StoneX Group (SNEX) report earnings?
StoneX Group (SNEX) is schdueled to report earning on Feb 05, 2025, TBA Not Confirmed.
What is StoneX Group (SNEX) earnings time?
StoneX Group (SNEX) earnings time is at Feb 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SNEX EPS forecast?
SNEX EPS forecast for the fiscal quarter 2025 (Q1) is 2.17.
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