Burford Capital Limited (BUR) Q3 Earnings and Revenues Beat Estimates

Group 1 - Burford Capital Limited reported quarterly earnings of $0.61 per share, exceeding the Zacks Consensus Estimate of$ 0.30 per share, but down from $1.22 per share a year ago, representing an earnings surprise of 103.33% [1] - The company posted revenues of$ 249.11 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 81.84%, but down from $368.87 million year-over-year [2] - Burford Capital shares have declined approximately 6.4% since the beginning of the year, contrasting with the S&P 500's gain of 24.3% [3] Group 2 - The earnings outlook for Burford Capital is mixed, with the current consensus EPS estimate for the coming quarter at$ 0.68 on revenues of $262 million, and$ 1.09 on revenues of $603 million for the current fiscal year [7] - The Zacks Industry Rank for Financial - Miscellaneous Services is in the top 31% of over 250 Zacks industries, indicating that the industry outlook can significantly impact stock performance [8]