earnings
confidence high
sentiment neutral
materiality 0.70
StoneX Q3: record net operating revenues $468.5M, net income down 11% to $61.9M
StoneX Group Inc.
2024-Q3 EPS reported
$5.64
revenue$68,748,800,000
- Operating revenues of $913.7M (+18% YoY); net operating revenues record $468.5M (+7%).
- Net income $61.9M (-11% YoY); diluted EPS $1.88 (-13%) on higher share count.
- Institutional segment operating revenues $508.9M (+34%), segment income $62.2M (+38%).
- Commercial segment operating revenues $262.2M (+4%), segment income $125.7M (+7%); Retail segment income $27.6M (+60%).
- Issued 7.875% Senior Secured Notes due 2031 in March; redeemed 8.625% Notes in June with $3.7M loss on extinguishment.