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ALTI AlTi Global, News Story

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AlTi Global, Inc reports results for the quarter ended June 30 - Earnings Summary

AlTi Global, Inc ALTI.OQ reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -4 cents.  The lone analyst forecast for the quarter was for breakeven results per share.

Revenue rose 7.4% to $53.13 million from a year ago; analysts expected $55.20 million.

The company reported a quarterly loss of $24.36 million.

AlTi Global, Inc shares had risen by 9.9% this quarter and gained 3.4% so far this year.

FORECAST CHANGES

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the investment management & fund operators peer group is  "buy."

Wall Street's median 12-month price target for AlTi Global, Inc is $9.00, about 49.3% above its last closing price of $4.56

This summary was machine generated from LSEG data August 11 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.00-0.01Missed
Mar. 31 20250.080.03Missed
Dec. 31 20240.02-0.18Missed
Sep. 30 20240.01-0.03Missed

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