earnings
confidence high
sentiment negative
materiality 0.70
Associated Capital Q1 net loss $16.2M ($0.73/share); AUM hits record $1.84B
Associated Capital Group, Inc.
2022-Q1 EPS reported
-$0.73
revenue$2,582,000
- Net loss of $16.2M ($0.73 diluted EPS) vs net income of $18.6M ($0.83) in Q1 2021.
- AUM reached record $1.84B, up from $1.78B at Dec 31, 2021 and $1.50B a year ago; net inflows $76M.
- Investment loss of $15.0M swung from $30.7M gain, citing market volatility (rising rates, inflation, geopolitics).
- Board declared semi-annual dividend of $0.10/share, payable June 29 to June 15 record; repurchased 7,536 shares for $0.3M.
- Book value per share $41.72 vs $41.22 a year ago.