trending Market Intelligence /marketintelligence/en/news-insights/trending/Q7heZBcshLG7o_jnc36AUQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Financial services earnings roundup, May 3

Banking Essentials Newsletter - November Edition

Online Brokerage Space Should Remain Rich Source Of M&A

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery


Financial services earnings roundup, May 3

With earnings season in gear,S&P Global Market Intelligence presents a snapshot of recently reported financialresults for companies in the financial services space.

Asset manager

first-quarter economicnet income of $159.9 million, or $2.94 per share, compared with $162.1 million,or $2.91 per share, for the same period in 2015.

The S&PCapital IQ consensus normalized EPS estimate for the quarter was $2.93.

Net incomewas $104.5 million, or $1.92 per share, compared with $128.0 million, or $2.28 pershare, for the same period in 2015.


Financial technology

reported first-quarternet earnings attributable to common stockholders of $55 million, or 17 cents pershare, versus $111 million,or 39 cents per share, in the year-ago period.

Non-GAAPnet earnings attributable to common stockholders were $259 million, or 79 centsper share, compared with $183 million,or 65 cents per share, in the year-ago quarter.

The S&PCapital IQ consensus normalized EPS estimate for the quarter was 74 cents.

Fidelitystill expects adjustedEPS from continuing operations to be between $3.70 and $3.80 for 2016. Free cashflow is expected to approximate adjusted net earnings.

The S&PCapital IQ consensus normalized EPS estimate for 2016 is $3.76.


first-quarter net income of $92.6 million, or54 cents per share, compared with $98.7 million, or 61 cents per share, for thesame period in 2015.

Adjustednet income from continuing operations was $127.4 million, or 75 cents per share, versus $101.0 million, or 63cents per share, in the year-ago period.

The S&PCapital IQ consensus normalized EPS estimate for the quarter was 76 cents.


first-quarter net income of $185.7million, or 37 cents per share, compared with $203.9 million, or 39 cents per share,for the same period in 2015.

The S&PCapital IQ consensus GAAP EPS estimate for the quarter was 38 cents.

For 2016,the company still expectsEPS in a range of $1.58 to $1.70.

The S&PCapital IQ consensus GAAP EPS estimate for 2016 is $1.64.


reported fiscal third-quarternet income of $53.9 million, or 68 cents per share, compared with $50.7 million,or 63 cents per share, in the year-ago period.

The S&PCapital IQ consensus GAAP EPS estimate for the quarter was 66 cents.

Operatingincome for the period was $79.8 million, versus $77.2 million in the year-ago fiscalquarter.