earnings
confidence high
sentiment positive
materiality 0.55
Hennessy Advisors Q1 EPS up 4% to $0.25; declares $0.1375 quarterly dividend
HENNESSY ADVISORS INC
2022-Q1 EPS reported
$0.25
revenue$8,534,000
- Revenue $8.5M (+10% YoY); net income $1.9M (+8%); diluted EPS $0.25 (vs $0.24).
- Completed $40.3M bond offering in quarter; cash net of debt rose 43% to $14.3M.
- Average AUM grew 8% to $4.1B; total AUM $4.07B (+6% YoY).
- Quarterly dividend $0.1375/share, payable March 4, 2022, record Feb 22; annualized yield 5.4%.
- Chairman Neil Hennessy remains bullish, citing low unemployment and solid earnings.