INTL FCStone (INTL) Issues Earnings Results

INTL FCStone (NASDAQ:INTL) released its earnings results on Wednesday. The financial services provider reported ($1.27) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.97 by ($2.24), Bloomberg Earnings reports. INTL FCStone had a net margin of 0.24% and a return on equity of 9.50%. During the same period last year, the business posted $0.90 earnings per share.

Shares of INTL FCStone (INTL) traded up $0.04 during trading hours on Wednesday, hitting $43.21. The stock had a trading volume of 77,186 shares, compared to its average volume of 79,897. INTL FCStone has a one year low of $33.11 and a one year high of $44.91. The firm has a market cap of $805.13, a price-to-earnings ratio of 19.03 and a beta of 1.70. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.47 and a quick ratio of 0.99.

Separately, BidaskClub lowered INTL FCStone from a “strong-buy” rating to a “buy” rating in a report on Thursday, December 7th.

INTL FCStone announced that its Board of Directors has authorized a stock buyback program on Monday, August 21st that permits the company to buyback 1,000,000 outstanding shares. This buyback authorization permits the financial services provider to buy shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s management believes its shares are undervalued.

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INTL FCStone Company Profile

INTL Fcstone Inc is a financial services company. The Company provides financial products, and advisory and execution service. The Company operates through five segments: Commercial Hedging, Global Payments, Securities, Physical Commodities, and Clearing and Execution Services (CES). The Commercial Hedging segment serves its commercial clients through its team of risk management consultants.

Earnings History for INTL FCStone (NASDAQ:INTL)

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