CI Financial Corp (OTCPK:CIXXF)
$ 10.75 -0.085 (-0.78%) Market Cap: 1.63 Bil Enterprise Value: 4.41 Bil PE Ratio: 0 PB Ratio: 2.56 GF Score: 86/100

Q4 2022 CI Financial Corp Earnings Call Transcript

Feb 24, 2023 / 03:00PM GMT
Release Date Price: $11.31 (-0.05%)
Operator

Hello, everyone, and welcome to the CI Financial Fourth Quarter 2022 Earnings Conference Call. My name is Bruno, and I will be operating your call today. (Operator Instructions)

I will now hand over to your host, Kurt MacAlpine, CEO of CI Financial.

Kurt MacAlpine
CI Financial Corp. - CEO & Director

Good morning, everyone, and welcome to CI Financial's fourth quarter earnings call. Joining me is our CFO, Amit Muni. Together, we'll cover the following: An overview of the highlights of the quarter, a review of our financial performance during the quarter, an update on the execution of select items of our corporate strategy, then we will take your questions.

We ended 2022 with strong Q4 results, capping off a successful year where we executed well and made material progress against our strategic initiatives. Our adjusted EPS of $0.74 represents a $0.01 increase from the prior quarter. This reflects lower average AUM in our asset management business, more than offset by stronger profitability from our Canadian and U.S. wealth businesses. For

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot