earnings
confidence high
sentiment positive
materiality 0.70
StoneX Q3 operating revenues $776.9M (+47%), diluted EPS $3.25 (+37%)
StoneX Group Inc.
2023-Q3 EPS reported
$8.82
revenue$44,220,500,000
- Net income $69.5M (+42% YoY); record adjusted net income $71.8M; diluted EPS $3.25 vs $2.37.
- Interest income on client float surged 329% to $92.2M; total interest expense up 669% to $216M.
- Institutional segment operating revenues rose 82% to $381.1M; Commercial +48%; Retail -16%.
- Listed derivatives contract volumes -5% YoY; OTC derivatives contracts +46% YoY.
- CEO: 'one of the strongest quarters in our history' with solid transactional revenues despite moderating volatility.