Loading...
•
Jun 30, 2022
Diamond Hill Q2 2022 Earnings Report
Reported financial results for the second quarter of 2022.
Key Takeaways
Diamond Hill Investment Group reported a challenging second quarter due to market downturn, which significantly impacted net income and earnings per share due to unrealized losses on corporate investments. However, the company's core operating results remained resilient, and they returned $12.4 million to shareholders via share repurchases and dividends.
AUM was $25.8 billion, down from $31.0 billion at the end of 2021 and $32.4 billion at the end of June 2021.
Net client outflows were $515 million, compared to net inflows of $550 million in Q2 2021.
Revenue decreased to $39.0 million, compared to $45.1 million in Q2 2021.
Net income attributable to common shareholders was $4.4 million, down from $16.9 million in Q2 2021.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...