StoneX Group Q3 net operating revenues rise on segment gains
SNEX•Outlook
StoneX Group did not provide specific financial guidance for the current or upcoming periods.
Result drivers
- Commercial and Institutional segments — The company said double-digit growth in the Commercial and Institutional segments drove results.
- R.J. O'Brien integration — Benefits from integrating the R.J. O'Brien acquisition contributed to growth and market position.
- Higher listed derivatives and physical contracts — The company reported large increases in listed derivatives and physical contracts activity, particularly in the Commercial segment.
Key details and analyst coverage
| Metric | Actual |
|---|---|
| Q3 Operating Revenues | $719.70 million |
| Q3 EPS | $1 |
| Q3 Net Income | $127.90 million |
| Q3 ROE | 18.40% |
The current average analyst rating on the shares is buy, with a breakdown of 1 strong buy or buy, 1 hold, and no sell or strong sell recommendations.
The average consensus recommendation for the investment banking & brokerage services peer group is .
