AlTi Global (ALTI) Expected to Announce Earnings on Friday

AlTi Global (NASDAQ:ALTI) is expected to post its quarterly earnings results after the market closes on Friday, March 21st. Analysts expect AlTi Global to post earnings of $0.10 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

AlTi Global (NASDAQ:ALTI) last issued its quarterly earnings data on Thursday, March 13th. The basic materials company reported ($0.63) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.65). AlTi Global had a negative net margin of 41.51% and a positive return on equity of 2.31%. The business had revenue of $53.33 million for the quarter, compared to the consensus estimate of $74.60 million. During the same period in the previous year, the firm earned ($0.88) EPS. On average, analysts expect AlTi Global to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

AlTi Global Trading Up 17.1 %

Shares of ALTI stock opened at $2.95 on Wednesday. AlTi Global has a 1 year low of $2.33 and a 1 year high of $6.57. The firm has a fifty day moving average price of $3.66 and a 200-day moving average price of $4.01. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.05 and a quick ratio of 4.05. The company has a market cap of $412.49 million, a price-to-earnings ratio of -1.69 and a beta of 0.73.

About AlTi Global

AlTi Global, Inc provides wealth and asset management services individuals, families, foundations, and institutions in the United States, the United Kingdom, and internationally. It operates through two segments, Wealth Management and Strategic Alternatives. The company offers discretionary investment management, non-discretionary investment advisory, and investment management and advisory services.