NASDAQ$DHIL
Diamond Hill Investment Group Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Reported financial results for the second quarter of 2020.
Diamond Hill Investment Group reported a decrease in revenue due to a shift in asset mix towards lower fee strategies and a decline in average assets under management, while assets under management recovered after the market downturn in March. Net income attributable to common shareholders was lower compared to the same period last year, despite an increase in investment income.
- Assets under management were $20.6 billion.
- Net inflows were $231 million, compared to net outflows of $417 million in the same period of 2019.
- Revenue was $28.2 million, down from $33.5 million in the second quarter of 2019.
- Earnings per share attributable to common shareholders - diluted was $3.79.
Headline financials
Revenue & EPS history
Diamond Hill · Revenue · Quarterly
$28.2M
Forward guidance
The company expects the pandemic and related responses to continue to negatively affect results of operations, cash flows and financial position, but cannot reasonably estimate the full effect due to the uncertainty over the duration and severity of the pandemic.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
-0.2%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+0.4%
Avg return
30 days after
49%
32 / 65 earnings
Positive
+9.8%
Q4 2021
Best reaction
-6.9%
Q4 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +0.2% | +0.8% | +0.5% | |
| Q3 2025 | -2.4% | -2.2% | -9.3% | |
| Q2 2025 | -3.4% | -6.3% | -2.9% | |
| Q1 2025 | -2.9% | +4.7% | +8.9% | |
| Q4 2024 | -0.5% | +1.0% | -1.1% | |
| Q3 2024 | +1.8% | +9.7% | +8.5% | |
| Q2 2024 | -3.5% | -9.7% | -3.2% | |
| Q1 2024 | +5.5% | +2.9% | -1.3% | |
| Q4 2023 | +3.1% | +3.3% | +4.7% | |
| Q3 2023 | -5.2% | -2.3% | +3.0% | |
| Q2 2023 | -2.2% | -2.2% | -5.1% | |
| Q1 2023 | -0.2% | +0.4% | +8.9% | |
| Q4 2022 | -5.6% | -6.5% | -13.4% | |
| Q3 2022 | -1.1% | -0.3% | +1.9% | |
| Q2 2022 | -2.5% | -3.9% | -12.6% | |
| Q1 2022 | -5.0% | -6.7% | -0.8% | |
| Q4 2021 | +9.8% | +17.1% | +6.2% | |
| Q3 2021 | +4.3% | +10.7% | +18.0% | |
| Q2 2021 | +4.9% | +6.1% | +11.9% | |
| Q1 2021 | +4.9% | +7.3% | +9.6% | |
| Q4 2020 | -5.4% | +0.3% | +7.8% | |
| Q3 2020 | +1.1% | -1.2% | +4.6% | |
| Q2 2020 | -1.6% | +3.9% | +5.9% | |
| Q1 2020 | +5.6% | +3.2% | +8.0% | |
| Q4 2019 | -4.9% | -5.4% | -37.5% | |
| Q3 2019 | +3.7% | +7.7% | +8.7% | |
| Q2 2019 | -1.7% | -2.0% | -2.0% | |
| Q1 2019 | +0.0% | +1.7% | -0.7% | |
| Q4 2018 | -6.9% | -8.7% | -14.2% | |
| Q3 2018 | +2.5% | +1.5% | +4.1% | |
| Q2 2018 | +0.1% | -1.7% | -2.7% | |
| Q1 2018 | -2.9% | -1.7% | +1.6% | |
| Q4 2017 | -2.2% | -1.6% | -6.5% | |
| Q3 2017 | +3.4% | +0.6% | +1.5% | |
| Q2 2017 | -0.6% | +0.1% | -4.2% | |
| Q1 2017 | +3.0% | +1.9% | +1.6% | |
| Q4 2016 | -2.5% | -3.4% | -8.4% | |
| Q3 2016 | -2.9% | -0.8% | +15.4% | |
| Q2 2016 | -0.3% | +2.4% | -0.5% | |
| Q1 2016 | -0.8% | — | — | |
| Q4 2015 | -5.4% | — | — | |
| Q3 2015 | +0.9% | — | — | |
| Q2 2015 | -1.4% | — | — | |
| Q1 2015 | +2.2% | — | — | |
| Q4 2014 | +1.2% | — | — | |
| Q3 2014 | +1.5% | — | — | |
| Q2 2014 | -1.4% | — | — | |
| Q1 2014 | -1.1% | — | — | |
| Q4 2013 | +1.7% | — | — | |
| Q3 2013 | -0.1% | — | — | |
| Q2 2013 | +0.3% | — | — | |
| Q1 2013 | -0.3% | — | — | |
| Q4 2012 | +1.8% | — | — | |
| Q3 2012 | +1.7% | — | — | |
| Q2 2012 | +5.0% | — | — | |
| Q1 2011 | +0.0% | — | — | |
| Q1 2012 | +0.9% | — | — | |
| Q4 2011 | +1.8% | — | — | |
| Q4 2009 | +1.8% | — | — | |
| Q3 2011 | -6.0% | — | — | |
| Q3 2010 | -6.0% | — | — | |
| Q4 2010 | +1.0% | — | — | |
| Q2 2010 | +1.0% | — | — | |
| Q2 2011 | +1.0% | — | — | |
| Q1 2010 | -1.9% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro