Brief: Diamond Hill Investment Group Reports Q1 Earnings Per Share $0.47

Diamond Hill Investment

27/04/2020 21:28

April 27 (Reuters) - Diamond Hill Investment Group Inc
 DHIL.O :
    * DIAMOND HILL INVESTMENT GROUP, INC. REPORTS RESULTS FOR
FIRST
QUARTER 2020
    * Q1 REVENUE $31.9 MILLION VERSUS $32.6 MILLION
    * Q1 EARNINGS PER SHARE $0.47
    * DIAMOND HILL INVESTMENT - EXPECTS EFFECTS OF PANDEMIC TO
NEGATIVELY AFFECT RESULTS OF OPERATIONS, CASH FLOWS AND
FINANCIAL POSITION
    * QUARTER-END ASSETS UNDER MANAGEMENT DECREASED TO $17.5
BILLION
FROM $20.9 BILLION IN Q1 OF 2019
    * DIAMOND HILL INVESTMENT - IMPACT OF COVID-19 ON CAPITAL
MARKETS
WAS MOST ACUTE DURING LAST 3WEEKS OF QUARTER, SIGNIFICANTLY
REDUCING AUM AS OF MARCH 31

Source text for Eikon:  ID:nPn2ZpRB0a 
Further company coverage:  DHIL.O 

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