earnings
confidence high
sentiment negative
materiality 0.85
Associated Capital Q2 net loss $29.9M vs year-ago profit; AUM $1.80B
Associated Capital Group, Inc.
2022-Q2 EPS reported
-$2.09
revenue$5,128,000
- Net loss of $29.9M ($1.36 diluted loss per share) vs net income of $29.7M ($1.34 EPS) in Q2 2021.
- Revenue rose 2.3% to $2.5M; investment and other non-operating loss of $35.9M reversed $48.6M gain.
- AUM ended at $1.80B, up from $1.61B a year ago; net inflows of $81M in Q2.
- Book value per share fell to $40.30 from $42.21 at June 30, 2021.
- Semi-annual dividend of $0.10 per share paid June 29; 35,292 Class A shares repurchased for $1.3M.