With earnings season in gear, S&P Global Market Intelligence presents a snapshot of recently reported financial results for companies in the financial services space.
Brookfield Asset Management Inc. reported second-quarter net income attributable to shareholders of $225 million, or 19 cents per share, compared to $185 million, or 15 cents per share, in the prior-year quarter.
Onex Corp. reported second-quarter net earnings of $2.67 billion, or $26.61 per subordinate voting share, versus $367 million, or $3.12 per subordinate voting share, in the year-ago quarter.
CI Financial Corp. reported second-quarter net income of C$96.3 million, or 37 Canadian cents per share, versus C$128.6 million, or 47 cents per share, a year ago.
Adjusted net income for the period was C$141.3 million, or 54 cents per share, compared with C$128.6 million, or 47 cents per share, in the prior-year quarter.
The S&P Capital IQ consensus normalized EPS estimate for the period was 53 cents.
Broadridge Financial Solutions Inc. posted fiscal fourth-quarter net earnings of $187.1 million, or $1.57 per share, up from $170.1 million, or $1.40 per share, in the prior-year fiscal quarter.
Adjusted net earnings for the period were $204.3 million, or $1.71 per share, versus $175.6 million, or $1.45 per share, in the prior-year fiscal quarter.
The company issued fiscal year 2018 guidance that projects total revenue growth of 2% to 3% and adjusted EPS growth of 15% to 19%.
Element Fleet Management Corp. posted second-quarter after-tax adjusted operating income of C$89.5 million, or 23 Canadian cents per basic share.
The S&P Capital IQ consensus normalized EPS estimate for the period was 24 cents.