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Mar 31, 2023
StoneX Q2 2023 Earnings Report
Reported a solid performance with increased operating revenues and net income, despite moderated trading conditions.
Key Takeaways
StoneX Group Inc. reported a 29% increase in quarterly operating revenues to $704.4 million and a net income of $41.7 million, resulting in a diluted EPS of $1.95 and an ROE of 13.8%. Results included $14.6 million in fixed compensation expenses related to retirements and reorganizations, which negatively impacted EPS by approximately $0.50 and ROE by 3.4%.
Operating revenues increased by 29% to $704.4 million.
Net income reached $41.7 million, with a diluted EPS of $1.95.
ROE stood at 13.8% for the quarter.
Higher interest and fee earnings on client float offset moderated trading conditions.
Revenue by Segment
Forward Guidance
StoneX anticipates favorable macro conditions will support continued shareholder value delivery.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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