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

Q2 2023 CI Financial Corp Earnings Call Transcript

Aug 10, 2023 / 01:00PM GMT
Release Date Price: $12.64 (+2.16%)
Operator

Good morning, and welcome to the CI Financial Second Quarter 2023 Earnings Call. My name is Carla, and I will be the operator of today's call. (Operator Instructions) I would now like to pass the conference over to our host, Kurt MacAlpine, CEO of CI Financial, to begin. Kurt, please go ahead when you're ready.

Kurt MacAlpine
CI Financial Corp. - CEO & Director

Good morning, everyone, and welcome to CI Financial's second quarter earnings call.

Joining me this morning is our CFO, Amit Muni. Together, we will cover the following: an overview of the highlights of the quarter, a review of our financial performance during the quarter, a discussion of several strategic actions recently taken, then we will take your questions.

Our adjusted EPS of $0.76 a share is up 3% sequentially, reflecting growth in our U.S. Wealth business, disciplined discretionary expense management and the benefits from capital deployed during the quarter, partially offset by pressure from asset mix shift and higher noncontrolling interest resulting from our minority

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