Picture of Diamond Hill Investment logo

DHIL — Diamond Hill Investment News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsBalancedSmall CapNeutral

Diamond Hill Q3 revenue falls 4%, special dividend declared

Overview

Diamond Hill Q3 revenue declined 4% yr/yr, with net income also decreasing

Adjusted EPS for Q3 was $3.24, down from $3.35 last year

Company declared a special dividend of $4.00 per share

Outlook

Diamond Hill did not provide specific future financial guidance

Result Drivers

FIXED INCOME STRATEGIES - Co reports nearly $1 bln in net flows into fixed income strategies during Q3, contributing to growth

FUND CONVERSION - Conversion of Large Cap Concentrated Fund to ETF aims to enhance client service

NET CLIENT INFLOWS - Co reports $41 mln net client inflows, reversing $22 mln outflows from Q3 2024

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Revenue$37.40 mln
Q3 Adjusted EPS$3.24
Q3 EPS$4.99
Q3 Net Income$13.60 mln
Q3 Adjusted Operating Margin32%
Press Release: ID:nPn61s6JVa For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Diamond Hill Investment

See all news