StoneX Group Inc. (SNEX) came out with quarterly earnings of $2.54 per share, beating the Zacks Consensus Estimate of $2.17 per share. This compares to earnings of $2.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.05%. A quarter ago, it was expected that this company would post earnings of $2.05 per share when it actually produced earnings of $2.34, delivering a surprise of 14.15%.Over the last four quarters, the compan ...

Financial Performance - The company achieved record net operating revenues of $944.3 million, a 20% increase from $784.2 million in the prior year[166]. - Net income rose by $16.0 million to $85.1 million, with diluted earnings per share increasing to $2.54 from $2.13[160]. - Operating revenues increased by $70.5 million, or 17%, to $492.1 million in Q4 2024 compared to Q4 2023, with notable increases in FX/CFD contracts (36%) and physical contracts (84%)[178]. - Total revenues for the three months ended December 31, 2024, increased by $8,369.1 million, or 43%, to $27,945.1 million compared to $19,576.0 million in the same period of 2023[205]. Revenue Sources - Operating revenues from physical contracts increased by $41.2 million, driven by a $16.1 million rise in precious metals and a $23.3 million increase in agricultural and energy revenues[171]. - Operating revenues from securities transactions increased by $85.6 million, supported by a 40% increase in average daily volume (ADV)[168]. - Interest income increased by 30% to $378.2 million, reflecting a rise in average client equity and money market/FDIC client balances[161]. - Operating revenues derived from FX/CFD contracts increased by $22.4 million, primarily due to a 23% increase in RPM and a 9% increase in ADV[232]. - Operating revenues from the Self-Directed/Retail segment increased by $31.6 million, or 34%, to $124.1 million compared to $92.5 million in the prior year[231]. Segment Performance - The Institutional segment contributed an additional $103.9 million to operating revenues, while the Payments segment saw a decrease of $2.5 million[157]. - Segment income for the Commercial segment increased by $15.0 million, or 17%, to $102.2 million in Q4 2024 compared to $87.2 million in Q4 2023[215]. - Segment income for the Institutional segment increased by $12.9 million, or 20%, to $78.1 million in Q4 2024 compared to $65.2 million in Q4 2023[220]. - Segment income for the Self-Directed/Retail segment increased by $28.2 million, driven by the rise in net operating revenues, despite a $5.2 million increase in non-variable direct expenses[235]. Expenses and Costs - Variable expenses accounted for 52% of total expenses, down from 54% in the prior year, indicating a focus on maintaining a variable cost model[159]. - Total compensation and other expenses increased by $55.0 million, or 17%, to $380.9 million in Q4 2024 compared to Q4 2023[181]. - Transaction-based clearing expenses increased by $12.2 million, or 16%, to $86.5 million in Q4 2024 compared to Q4 2023, maintaining 9% of operating revenues[173]. - Other non-compensation expenses increased by $20.6 million, or 19%, to $128.4 million in Q4 2024 compared to Q4 2023[185]. - Fixed compensation and benefits surged by 50% to $61.0 million, influenced by severance and accelerated compensation due to an executive departure[249]. Tax and Compliance - The effective income tax rate was 27% in Q4 2024, slightly down from 28% in Q4 2023, influenced by state and local taxes[192]. - The company is currently evaluating the impact of the recently issued ASU No. 2024-03 on its disclosures, effective for the fiscal year ending September 30, 2027[301]. - The FASB issued ASU No. 2023-09, effective for the fiscal year ending September 30, 2026, requiring additional disclosures in income tax rate reconciliation and disaggregation of income taxes paid by jurisdiction[302]. - ASU No. 2023-07 mandates disclosure of significant segment expenses and the title of the chief operating decision maker (CODM), effective for the fiscal year ending September 30, 2026[303]. Liquidity and Capital Management - As of December 31, 2024, total assets reached $29.6 billion, up from $27.5 billion as of September 30, 2024[270]. - The company issued $550.0 million in senior secured notes due 2031, with an interest rate of 7.875% per annum[274]. - The company believes that cash flows from operations, available cash, and available borrowings under credit facilities will be adequate to meet future liquidity needs for the following year[287]. - As of December 31, 2024, the company had five committed bank credit facilities totaling $1,205.0 million, with $412.0 million outstanding[276]. - Cash, segregated cash, cash equivalents, and segregated cash equivalents decreased by $329.6 million from $6,672.6 million as of September 30, 2024, to $6,343.0 million as of December 31, 2024[282]. Market and Risk Management - The company is exposed to market risk due to significant price movements and volatility in trading activities, with risk management policies established by the Risk Committee[306][308]. - An estimated 25 basis point decrease in short-term interest rates would result in approximately $5.8 million less in annual net income as of December 31, 2024[315]. - Currency risk arises from fluctuations in foreign exchange rates impacting earnings and assets, with the company executing hedging transactions to mitigate this exposure[317].

EXHIBIT 99.1 StoneX Group Inc. Reports Fiscal 2025 First Quarter Financial Results Record Quarterly Net Operating Revenues of $492.1 million, up 17% Record Quarterly Net Income of $85.1 million, ROE of 19.5% Record Quarterly Diluted EPS of $2.54 per share, up 19% Announces a Three-for-Two Stock Split New York, NY – February 5, 2025 – StoneX Group Inc. (the "Company"; NASDAQ: SNEX), a global financial services network that connects companies, organizations, traders and investors to the global market ecosyste ...

Record Quarterly Net Operating Revenues of $492.1 million, up 17% Record Quarterly Net Income of $85.1 million, ROE of 19.5% Record Quarterly Diluted EPS of $2.54 per share, up 19% Announces a Three-for-Two Stock Split NEW YORK, Feb. 05, 2025 (GLOBE NEWSWIRE) -- StoneX Group Inc. (the “Company”; NASDAQ: SNEX), a global financial services network that connects companies, organizations, traders and investors to the global market ecosystem through a unique blend of digital platforms, end-to-end clearing and e ...

LONDON and PARIS, Feb. 03, 2025 (GLOBE NEWSWIRE) -- StoneX Group Inc. ((the "Company", NASDAQ:SNEX) today announced the completion of its acquisition of Octo Finances SA ("Octo Finances"), which will further expand the Company's offering in fixed income and strengthen its capabilities in Europe. "We're thrilled to officially welcome Octo Finances to StoneX Group and believe the company will provide us with significant new capabilities. Our joint planning is well underway, and we are excited by the opportuni ...

Conference call to follow on February 6, 2025 at 9:00am ETNEW YORK, Jan. 29, 2025 (GLOBE NEWSWIRE) -- StoneX Group Inc. (NASDAQ: SNEX) today announced that it will release its fiscal 2025 first quarter results after the market close on Wednesday, February 5, 2025. Management will host a conference call on Thursday, February 6, 2025 at 9:00 a.m. Eastern Time to review the Company's 2025 fiscal first quarter results. A live web cast of the conference call as well as additional information to review during the ...

The market expects StoneX Group Inc. (SNEX) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if th ...

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Core Insights - The article does not provide specific insights or data regarding companies or industries, focusing instead on the author's background and disclaimers [2][3]. Group 1 - The author, Ernest Hoffman, has over 15 years of experience in market news and has established a significant presence in the field [2]. - Hoffman began his career in market news in 2007, creating a fast web-based audio news service and producing economic news videos [2].

Company Performance - StoneX (NASDAQ: SNEX) continues to deliver consistent ROEs at or above their stated target of around 15% [1] - The stock has appreciated since the last article [1] Investment Philosophy - The investor focuses on emerging markets and seeks low-risk, high-uncertainty bets [1] - The investor adopts an owner-mindset and largely ignores macro-environment noise [1] - The investor is influenced by the work of Henry Hazlitt, Friedrich Hayek, and Ludwig Von Mises in economic thinking [1] Educational Background - The investor graduated from NYU Stern with a Bachelors in Business and a Concentration in Finance [1]