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Fiera Capital A (TSE:FSZ)
TSX:FSZ
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.22Last Year’s EPS
0.24Same Quarter Last Year
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -13.38%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a mixed sentiment. Fiera Capital reported growth in assets under management and private markets, with recognition for top-performing strategies. However, the decline in performance fees, increase in net debt, challenges in public market strategies, and rising SG&A expenses tempered the positive outlook.Company Guidance
During the call, Fiera Capital provided guidance on several key metrics. The company's assets under management (AUM) ended the year at $167.1 billion, reflecting an increase of $1.6 billion for the quarter and $5.4 billion or 3.3% for the year. The private markets platform saw AUM growth of 1% during the quarter and nearly 7% for the year, totaling $19.7 billion. Public markets AUM increased 1% during the quarter and 3% for the year to $147.4 billion. Excluding assets sub-advised by PineStone, public market assets increased 2% for the quarter and 5.5% for the year. The company experienced net outflows of approximately $800 million during the quarter in its public markets, while PineStone-related net outflows amounted to $1.3 billion. Looking ahead, Fiera Capital anticipates up to an additional $1 billion in direct transfers to PineStone in 2025. Despite challenges, the company remains optimistic about achieving sustainable net inflows, leveraging its decentralized distribution model.Increase in Assets Under Management
Fiera Capital's assets under management (AUM) ended the year at $167.1 billion, representing a quarterly increase of $1.6 billion and a yearly increase of $5.4 billion or 3.3%.
Growth in Private Markets
Private markets AUM grew nearly 7% during the year to $19.7 billion, driven by new mandates and positive market action.
Recognition in Global Manager Research
Two Fiera funds and one strategy were recognized as top performers in the Global Manager Research 2024 Top Performer Awards for the second consecutive year.
Increase in Base Management Fees
Base management fees rose to $157 million in Q4, increasing 6% year-over-year, with a full year increase of $19.8 million, driven by higher average AUM and a shift towards higher fee mandates.
Private Markets Revenue Growth
Private markets contributed revenues of over $241 million in 2024, up $17 million or 8% from the prior year, despite accounting for just 12% of total AUM.
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TSE:FSZ 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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TSE:FSZ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | C$7.10 | C$6.31 | -11.13% |
| Nov 07, 2024 | C$9.29 | C$10.32 | +11.09% |
| Aug 07, 2024 | C$7.09 | C$6.92 | -2.40% |
| May 08, 2024 | C$6.20 | C$6.43 | +3.71% |
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 Fiera Capital A (TSE:FSZ) report earnings?
Fiera Capital A (TSE:FSZ) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Fiera Capital A (TSE:FSZ) earnings time?
Fiera Capital A (TSE:FSZ) earnings time is at May 07, 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 TSE:FSZ EPS forecast?
TSE:FSZ EPS forecast for the fiscal quarter 2025 (Q1) is 0.22.
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