earnings
confidence high
sentiment neutral
materiality 0.60
Associated Capital Q3 EPS $0.07, book value $42.24; AUM up to $1.7B
Associated Capital Group, Inc.
2021-Q3 EPS reported
$2.25
revenue$6,926,000
- Q3 net income $1.5M ($0.07 diluted EPS) vs $5.8M ($0.26) a year ago.
- Book value per share $42.24 at Sept 30, 2021, up from $38.25 in 2020.
- AUM grew to $1.68B, up $329M from year-end 2020 on net inflows and appreciation.
- Board approved $0.30/share charitable contribution (~$6.6M) and $0.10 semi-annual dividend.
- Approved launch of a Private Equity Fund; additional details to follow.