Patria Investments Ltd (PAX) Q3 2024 Earnings Call Highlights: Strong Fundraising Momentum and ... [Yahoo! Finance]
Patria Investments Limited - Class A Common Shares (PAX)
Company Research
Source: Yahoo! Finance
Management Fees: Approximately $78 million for the quarter, up 26% year over year. Fee Related Earnings: Almost $41 million for the quarter, representing a year-over-year growth of close to 13%. Fee Related Earnings Per Share: $0.26, up more than 65% since 2021. Distributable Earnings: Close to $35 million for the quarter, or $0.23 per share. Net Accrued Performance Fee Balance: $455 million or $2.97 per share, increased slightly sequentially. Fee Earning AUM: Almost $34 billion, rose 9% sequentially and 58% year over year. Dividend: Declared a $0.15 per share dividend for the quarter. Net Fee Revenue: $75.9 million for the quarter, up 28% year over year. Operating Expenses: $34.7 million for the quarter, up $11.8 million versus Q3 2023. FRE Margin: 53.4% for the third quarter, with a year-to-date margin of 55.5%. Debt: Approximately $165 million outstanding at the end of Q3. Effective Tax Rate: 10.6% in Q3 2024. Warning! GuruFocus has detected 6 Warning Signs
Show less
Read more
Impact Snapshot
Event Time:
PAX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PAX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PAX alerts
High impacting Patria Investments Limited - Class A Common Shares news events
Weekly update
A roundup of the hottest topics
PAX
News
- It Might Not Be A Great Idea To Buy Patria Investments Limited (NASDAQ:PAX) For Its Next Dividend [Yahoo! Finance]Yahoo! Finance
- Patria Investments Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- Patria Reports Third Quarter 2024 Earnings ResultsGlobeNewswire
- Patria Investments Limited (NYSE: PAX) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $16.00 to $14.00. They now have a "buy" rating on the stock.MarketBeat
- Patria Announces Third Quarter 2024 Investor CallGlobeNewswire
PAX
Earnings
- 5/2/24 - Miss
PAX
Sec Filings
- 11/13/24 - Form SC
- 11/12/24 - Form SC
- 11/8/24 - Form SC
- PAX's page on the SEC website