Abacus Life(ABL)
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Wall Street Analysts Predict a 32.72% Upside in Abacus Life, Inc. (ABL): Here's What You Should Know
ZACKS· 2024-08-26 14:55
Shares of Abacus Life, Inc. (ABL) have gained 3.7% over the past four weeks to close the last trading session at $10.30, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $13.67 indicates a potential upside of 32.7%.The average comprises three short-term price targets ranging from a low of $12 to a high of $15, with a standard deviation of $1.53. While the lowest estimate indicate ...
Abacus Life and Lorisco Life Announce Launch of PREADISAN™ to Improve Health Predictions
GlobeNewswire News Room· 2024-08-19 12:00
New partnership leverages PREADISAN™, the cutting-edge health prediction platform using machine learning and modern proteomicsApplies novel big data analytics tools to the Abacus portfolio of servicesLorisco's risk scores will enable a more personalized approach to longevity and actuarial technology to maximize value for Abacus’ clients ORLANDO, Fla and NEW YORK, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus”) (NASDAQ: ABL), a pioneering alternative asset manager specializing in longevity an ...
Abacus Life(ABL) - 2024 Q2 - Earnings Call Transcript
2024-08-12 14:56
Abacus Life, Inc. (NASDAQ:ABL) Q2 2024 Earnings Conference Call August 12, 2024 9:00 AM ET Company Participants Garrett Edson - Managing Director ICR Jay Jackson - Chief Executive Officer Bill McCauley - Chief Financial Officer Conference Call Participants Crispin Love - Piper Sandler Andrew Kligerman - TD Securities Matthew Howlett - B. Riley Securities Operator Greetings and welcome to Abacus Life Second Quarter '24 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-an ...
Abacus Life(ABL) - 2024 Q2 - Quarterly Report
2024-08-12 12:40
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number 001-39403 Abacus Life, Inc. (Exact name of registrant as specified in its charter) Delaware 85-1210472 ...
Abacus Life Reports Second Quarter 2024 Results
GlobeNewswire News Room· 2024-08-12 11:00
- Second Quarter 2024 Total Revenue More Than Doubled Year-over-Year to $29.1 Million - - Net Income of $0.8 Million; Adjusted Net Income Grows 75% Year-over-Year to $11.8 Million - - Adjusted EBITDA Grows 83% Year-over-Year to $16.7 Million - ORLANDO, Fla., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering alternative asset manager specializing in longevity and actuarial technology, today reported results for the second quarter ended June 30, 2024. ...
Abacus Life, Inc. (ABL) Stock Jumps 20.3%: Will It Continue to Soar?
ZACKS· 2024-07-22 15:10
Abacus Life, Inc. (ABL) shares rallied 20.3% in the last trading session to close at $10.08. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 14.1% loss over the past four weeks.Abacus Life recently announced its second quarter preliminary results where it expects to generate top line between $28-$30 million, much higher than the year ago figure of $11 million. It also expects to deliver adjusted EBITDA betwee ...
Abacus Life Provides Preliminary Second Quarter 2024 Results
GlobeNewswire News Room· 2024-07-18 20:15
- Expects Total Revenue Between $28.0 and $30.0 Million; Grows 146-163% Year-over-Year - - Expects Net Income Between $0.0 and $1.0 Million - - Expects Adjusted EBITDA Between $15.0 and $17.0 Million; Grows 64-86% Year-over-Year - - Schedules Second Quarter 2024 Earnings Release and Conference Call for Monday, August 12, 2024 - ORLANDO, Fla., July 18, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering alternative asset manager specializing in longevity and act ...
Abacus Life Announces Agreement to Acquire Carlisle Management Company SCA
Newsfilter· 2024-07-18 20:05
Acquisition accelerates Abacus' expansion as a global alternative asset manager and origination company Deal will add up to $2 billion in AUM to Abacus ORLANDO, Fla., July 18, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. ("Abacus" or the "Company") (NASDAQ:ABL), a leading buyer of life insurance policies and vertically integrated alternative asset manager specializing in specialty insurance products, today announced a definitive agreement to acquire Carlisle Management Company SCA ("Carlisle"), a leading Luxe ...
Abacus Life Announces Closing of Public Offering of 11,500,000 Shares of Common Stock
Newsfilter· 2024-06-24 20:21
ORLANDO, Fla., June 24, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. ("Abacus" or the "Company") (NASDAQ:ABL), a pioneering alternative asset manager specializing in longevity and actuarial technology, today announced the closing of its oversubscribed underwritten public offering of 11,500,000 shares of its common stock, including the exercise in full by the underwriters of their option to purchase an additional 1,500,000 shares of common stock, at the public offering price of $8.00 per share. The gross proce ...
Abacus Life Announces Closing of Public Offering of 11,500,000 Shares of Common Stock
GlobeNewswire News Room· 2024-06-24 20:21
ORLANDO, Fla., June 24, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering alternative asset manager specializing in longevity and actuarial technology, today announced the closing of its oversubscribed underwritten public offering of 11,500,000 shares of its common stock, including the exercise in full by the underwriters of their option to purchase an additional 1,500,000 shares of common stock, at the public offering price of $8.00 per share. The gross proc ...