Ridgepost Capital Q3 profit misses estimates
RPC•Ridgepost Capital reported Q3 revenue of $88.90 million and adjusted EPS of $0.25, both below analyst estimates. Fee-paying AUM rose 21% year over year to more than $35 billion, and the company repurchased $15 million in stock and increased its buyback authorization by $30 million.
1. Quarterly results
Ridgepost Capital reported Q3 revenue of $88.90 million, below the $97.35 million consensus estimate, and adjusted EPS of $0.25, below the $0.26 estimate. EPS was $0.09.
2. Assets and buybacks
Fee-paying AUM rose 21% year over year to more than $35 billion, with margins stable. The company said raising and deploying $1.3 billion of fee-paying AUM benefited results, while cross-selling contributed $1.7 billion to fundraising since June 2024. It repurchased $15 million in stock and raised its buyback authorization by $30 million.
3. Company outlook
Ridgepost Capital said the operating environment remains fluid and expects its contractual model and platform to support consistent results.
