Core Viewpoint - P10, Inc. reported record financial performance for Q4 2024, achieving significant growth in assets under management and exceeding fundraising guidance for the year [5]. Financial Highlights Fourth Quarter 2024 Financial Highlights - Revenue reached $85 million, a 35% increase year over year [9]. - Fee-related revenue was $85 million, reflecting a 37% increase year over year [9]. - Fee-paying assets under management (AUM) totaled $25.7 billion, a 10% increase year over year [9]. - GAAP net income was $5.7 million compared to a loss of $1.9 million in the prior year [9]. - Adjusted EBITDA was $42.9 million, a 40% increase year over year [9]. - Fully diluted GAAP EPS was $0.05 compared to a loss of $0.01 in the prior year [9]. Fiscal Year End 2024 Financial Highlights - Total revenue for the year was $296.4 million, a 23% increase year over year [9]. - Fee-related revenue for the year was $291.3 million, also a 23% increase year over year [9]. - GAAP net income for the year was $19.7 million, compared to a loss of $7.8 million in the prior year [9]. - Adjusted EBITDA for the year was $144.5 million, a 17% increase year over year [9]. - Fully diluted ANI per share was $1.00, a 22% increase year over year [9]. Share Repurchase and Dividend - In Q4 2024, the company repurchased approximately 815,327 shares at an average price of $12.72 per share, totaling $59.1 million for the year [6]. - The Board of Directors declared a quarterly cash dividend of $0.035 per share, payable on March 20, 2025 [7]. Strategic Initiatives - The company executed on strategic priorities in 2024, including optimizing leadership, driving organic growth, and enhancing transparency [5].

Core Viewpoint - The market anticipates P10, Inc. (PX) will report a year-over-year increase in earnings driven by higher revenues when it releases its quarterly results for December 2024 [1] Earnings Expectations - P10 is expected to post quarterly earnings of $0.26 per share, reflecting a year-over-year increase of +23.8% [3] - Revenues are projected to be $79.59 million, which is a 26.2% increase from the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has been revised 1.52% higher in the last 30 days, indicating a positive reassessment by analysts [4] - The Most Accurate Estimate for P10 is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +6.33% [10][11] Earnings Surprise Prediction - A positive Earnings ESP reading suggests a likely earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8] - P10 currently holds a Zacks Rank of 3, indicating a reasonable chance of beating the consensus EPS estimate [11] Historical Performance - In the last reported quarter, P10 exceeded the expected earnings of $0.20 per share by delivering $0.26, resulting in a surprise of +30% [12] - Over the past four quarters, P10 has beaten consensus EPS estimates three times [13] Industry Comparison - Upstart Holdings, Inc. (UPST), another player in the Zacks Financial - Miscellaneous Services industry, is expected to report a loss of $0.05 per share, which represents a year-over-year change of +54.6% [17] - UPST's revenues are expected to be $180.06 million, up 28.3% from the previous year [17] - UPST has an Earnings ESP of -20.00%, making it challenging to predict a beat against the consensus EPS estimate [18]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: P10, Inc. (PX) - P10, Inc. currently holds a Momentum Style Score of B, indicating a positive momentum outlook [2] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - PX shares have increased by 5.35% over the past week, outperforming the Zacks Financial - Miscellaneous Services industry, which rose by 3.56% [5] - Over the last quarter, PX shares have surged by 19.56%, and over the past year, they have gained 46.83%, while the S&P 500 has only increased by 4.32% and 27.01%, respectively [6] - The average 20-day trading volume for PX is 513,160 shares, indicating a bullish trend with above-average volume [7] Earnings Outlook - In the past two months, two earnings estimates for PX have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $0.89 to $0.94 [9] - For the next fiscal year, one estimate has moved upwards with no downward revisions, reflecting a positive earnings outlook [9] Conclusion - Given the strong performance metrics and positive earnings outlook, P10, Inc. is positioned as a solid momentum pick with a Momentum Score of B and a Zacks Rank of 2 (Buy) [10]

DALLAS, Jan. 22, 2025 (GLOBE NEWSWIRE) -- P10, Inc. (NYSE: PX), a leading private markets solutions provider, today announced it will release its fourth quarter and full year 2024 results on Wednesday, February 12, 2025, before U.S. markets open. The company will also host a conference call at 8:30 a.m. Eastern Time on the same day. The webcast may be accessed here. All participants joining by telephone should register here for personal dial-in and PIN numbers. For those unable to participate in the live ca ...

Investors might want to bet on P10, Inc. (PX) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investo ...

DALLAS, Jan. 08, 2025 (GLOBE NEWSWIRE) -- P10, Inc. (NYSE:PX), ("P10" or the "Company"), a leading private markets solutions provider, today announced that its strategy, Bonaccord Capital Partners ("Bonaccord"), a private equity business focused on providing growth capital and strategic support to middle-market private markets sponsors, closed on its second GP Stakes fund, Bonaccord Capital Partners II ("BCP II" or the "Fund"), with $1.6 billion in total commitments. The Fund closed at its revised hard cap ...

CHICAGO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- RCP Advisors, a private equity investment firm that provides access to North American small buyout fund managers through primary funds, secondary funds, and co-investment funds, is pleased to share that it was recognized in the 2024 Best Places to Work in Money Management awards announced by Pensions & Investments. The 13th annual survey and recognition program is dedicated to identifying and recognizing the best employers in the money management industry. "We are ...

CHICAGO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- RCP Advisors, a private equity investment firm that provides access to North American small buyout fund managers through primary funds, secondary funds, and co-investment funds, is pleased to share that it was recognized in the 2024 Best Places to Work in Money Management awards announced by Pensions & Investments. The 13th annual survey and recognition program is dedicated to identifying and recognizing the best employers in the money management industry. “We are ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

DALLAS, Dec. 02, 2024 (GLOBE NEWSWIRE) -- P10, Inc. (NYSE: PX), (“P10” or the “Company”), a leading private markets solutions provider, today announced the appointment of Mike Goodwin as Chief Information Officer, effective December 2, 2024. Mr. Goodwin will lead the Company’s data, technology, and infrastructure function, providing strategic leadership across the P10 platform. “As Chief Information Officer, Mike Goodwin will add critical expertise to our deep, seasoned team,” said Luke Sarsfield, P10 Chair ...