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Showing 21 - 30 of 105 results for "EPS"

The future of defined contribution asset allocation

ANDREW MCKEAN  |  MONDAY, 7 NOV 2022
Strategy discussions around defined contribution workplace saving tend to focus on plan design and engagement but questions of asset allocation are also critical, according to a discussion summary of the most recent Jasper Forum. The Forum was led by ...

Increased scale drives Diverger results

CASSANDRA BALDINI  |  THURSDAY, 28 JUL 2022
... year ending 30 June 2022 also reported growth in equity up from 6% (FY21) to 9% (FY22). The wealth manager saw 35% growth in EPS, statutory EBITA increased by 18% to $6.56 million, as well as underlying profit rising almost 4% to $7.06 million. It reported ...

J.P. Morgan's net income falls 42%

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
... in commodities exposures and markdowns of derivatives receivables from Russia-associated counterparties ($0.13 decrease in EPS).

Strongest quarter for BlackRock

ELIZABETH MCARTHUR  |  MONDAY, 17 JAN 2022
... organic growth for BlackRock means a 20% increase in full year revenue and record performance fees. Its earnings per share (EPS) was 16% higher for the full year as adjusted diluted EPS. BlackRock returned a total of $3.7 billion to shareholders in 2021. ...

Pinnacle acquires third-party distributor

KANIKA SOOD  |  THURSDAY, 9 SEP 2021
Pinnacle Investment Management Group is acquiring 100% of a third-party distributor working with boutique fund managers. Winston Capital Partners gives Pinnacle on-the-ground representation for the first time in Western Australia, the firm said. Upon ...

Iress steady amid OneVue integration

ELIZABETH MCARTHUR  |  THURSDAY, 19 AUG 2021
... deliver solid results for the first half of 2021, in line with full year guidance. Pro forma net profit was up 9% and pro forma EPS was up 6% versus the prior comparative period," chief executive Andrew Walsh said. "The improved performance was driven ...

Moelis Australia reports record results

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
Moelis Australia, which recently rebranded to MA Financial Group, reported a 61% increase in its statutory EPS as asset management, corporate advisory and lending performed strongly. For the six months ending June, underlying earnings per share were ...

Magellan to move to higher tax rate

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... taking out its OBU concession of $42 million and adding some non-deductibles. Sell-side analysts at Macquarie downgraded its EPS forecasts for MFG by 8%, driven by the tax changes. "Although the Bill was introduced earlier this year, we don't believe ...

Chief economist update: COVID-19 causes double-dip

BENJAMIN ONG  |  MONDAY, 3 MAY 2021
... underway, analyst expectations of Q1 profits have jumped considerably higher vs earlier expectations. Refinitiv IBES data showed EPS from STOXX 600 companies in Q1 are expected to surge 71.3% from a year earlier, which would mark the best quarter for ...

Computershare to buy Wells Fargo corporate trust business

KANIKA SOOD  |  WEDNESDAY, 24 MAR 2021
... Corporate Trust Services, which has over 26,000 mandates. The US$750 million purchase is expected to be at least 15% management EPS accretive on a pro forma FY21 basis including full run-rate synergies, Computershare said. It expects the acquisition ...