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Abacus Life (ABL)
NASDAQ:ABL
Earnings Data
Report Date
May 19, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.15Last Year’s EPS
0.11Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 27, 2025
|% Change Since: 0.00%
|Next Earnings Date:May 19, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong revenue growth, significant increases in adjusted net income, strategic acquisitions, and a robust capital position. Despite these positive aspects, the call also addressed increased operating expenses and a GAAP net loss due to non-cash compensation and acquisition costs. The outlook for 2025 remains positive with anticipated continued growth.Company Guidance
During the Abacus Global Management fourth quarter 2024 earnings call, the company provided robust guidance for 2025, projecting adjusted net income between $70 million and $78 million, indicating a growth of 51% to 68% from the previous year. For the fourth quarter of 2024, Abacus reported a 40% year-over-year increase in total revenue to $33.2 million. Adjusted net income grew by 126% to $13.4 million, and adjusted EBITDA rose by 51% to $16.6 million. For the full year, total revenue increased by 69% to $111.9 million, adjusted net income grew by 58% to $46.5 million, and adjusted EBITDA climbed 57% to $61.6 million. The company successfully deployed over $344 million in capital throughout the year, significantly expanding their operations and capabilities. Additionally, Abacus completed strategic acquisitions that added approximately $2.6 billion in assets under management, with significant contributions from Carlisle Management Company and FCF Advisors. The company also raised $181.7 million in equity and secured $150 million in debt financing, enhancing its liquidity position to support growth initiatives in 2025.Record Revenue Growth
For the fourth quarter of 2024, revenue grew by 40% year over year to $33.2 million. For the full year, revenue increased 69% to $111.9 million.
Significant Increase in Adjusted Net Income
Adjusted net income for Q4 grew 126% to $13.4 million. For the full year 2024, adjusted net income grew 58% to $46.5 million.
Strategic Acquisitions
Completed acquisitions of Carlisle Management Company and FCF Advisors, adding approximately $2.6 billion in assets under management.
Strong Capital Position
Successfully raised $181.7 million in additional equity and secured a $150 million debt-financing facility, enhancing liquidity.
Expansion of Offerings
Rebranded and launched new ETFs under Abacus FCF Advisors, with management fee reductions and an 18-month fee waiver.
Positive 2025 Outlook
Initiated 2025 outlook for adjusted net income to be between $70 million and $78 million, implying growth of 51% to 68%.
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ABL 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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ABL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 27, 2025 | $7.15 | ― | ― |
| Nov 07, 2024 | $8.81 | $9.02 | +2.38% |
| Aug 12, 2024 | $10.59 | $10.36 | -2.17% |
| May 13, 2024 | $11.98 | $11.96 | -0.17% |
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 Abacus Life (ABL) report earnings?
Abacus Life (ABL) is schdueled to report earning on May 19, 2025, TBA Not Confirmed.
What is Abacus Life (ABL) earnings time?
Abacus Life (ABL) earnings time is at May 19, 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 ABL EPS forecast?
ABL EPS forecast for the fiscal quarter 2025 (Q1) is 0.15.
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