CI Financial Corp (TSX:CIX)
C$ 14.46 -0.03 (-0.21%) Market Cap: 2.19 Bil Enterprise Value: 5.96 Bil PE Ratio: 0 PB Ratio: 2.54 GF Score: 82/100

Q2 2022 CI Financial Corp Earnings Call Transcript

Aug 11, 2022 / 01:00PM GMT
Release Date Price: C$15.07 (+2.73%)
Operator

Hello all, and a warm welcome to the CI Financial Second Quarter 2022 Earnings Call. My name is Lydia, and I will be your operator today. (Operator Instructions). It's my pleasure to now hand you over to Kurt MacAlpine, CEO of CI Financial. 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, an update on our sales to date for the third quarter, an update on the execution of select items of our corporate strategy, and then we will take your questions. The impact of our corporate strategy is evident in our second quarter results amidst an extremely challenging market environment. Our adjusted EPS of $0.78 despite the market pullback was up 5% from a year ago, illustrating the benefits of our diversification efforts and capital management approach.

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