NASDAQ$SNEX

StoneX Group Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Reported solid results driven by diversified product offering and client base.

StoneX Group Inc. reported Q2 2024 financial results with operating revenues of $818.2 million, a 16% increase year-over-year. Net income was $53.1 million, up 27% compared to the prior year, and diluted EPS was $1.63, a 25% increase. The company's ROE was 14.0% for the quarter.

  • Operating revenues increased by 16% to $818.2 million.
  • Net income rose by 27% to $53.1 million.
  • Diluted EPS increased by 25% to $1.63 per share.
  • The company achieved a 14.0% return on equity for the quarter.

Headline financials

Total Revenue

$22.1B

Previous: $16.2B+36.8%
EPS (adj)

$1.71

Previous: $1.41+21.3%
Capital Expenditures

-$30.1M

Previous: -$22.5M-33.8%
Free Cash Flow

$23M

Previous: $19.2M+19.8%
Net Income

$53.1M

Previous: $41.7M+27.3%
Operating Income

-$12.8M

Previous: $539M-102.4%
Gross Profit

$818M

Previous: $704M+16.2%
Cash & Equivalents

$1.31B

Previous: $1.26B+3.3%
Total Assets

$25.7B

Previous: $21.9B+17.0%
Stock-Based Comp

$9.2M

Previous: $9.4M-2.1%

Revenue & EPS history

StoneX · Revenue · Quarterly

$22.1B

Q2 2024+36.8%vs Q2 2023
Beat estimate in 10 of 11 quarters(91%)
ActualEstimate

Revenue by segment

StoneX · $624M total across 3 segments · Q3 2023

  • Institutional
    $381M+82.3%
  • Commercial
    $253M+48.5%
  • Eliminations
    -$10.2M

Forward guidance

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, such as those pertaining to the Company’s financial condition, results of operations, business strategy and financial needs.

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 2024

Historical avgQ2 2024

+0.1%

Avg return

Earnings day

+1.3%

Avg return

5 days after

+3.2%

Avg return

30 days after

52%

34 / 65 earnings

Positive

+13.5%

Q2 2026

Best reaction

-15.8%

Q1 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+13.5%+9.7%+8.5%
Q1 2026+3.8%+10.5%-4.5%
Q4 2025+6.1%+7.9%+16.7%
Q2 2025-6.7%-5.3%-9.5%
Q1 2025+8.0%+7.8%+3.2%
Q4 2024+5.7%+5.4%-3.2%
Q3 2024+3.2%+4.0%+8.7%
Q2 2024+3.0%-1.8%-4.4%
Q1 2024-1.9%+1.2%+4.5%
Q4 2023-7.7%-10.6%+0.0%
Q3 2023+5.5%+7.0%+1.2%
Q2 2023-13.8%-12.9%-12.2%
Q1 2023+12.9%+17.6%+15.1%
Q4 2022+5.9%+4.5%+2.7%
Q3 2022+2.8%+2.9%+2.2%
Q2 2022+8.7%+5.5%+13.0%
Q1 2022+11.4%+10.8%+6.3%
Q4 2021-15.8%-7.2%-7.3%
Q3 2021-1.1%-1.8%+2.4%
Q2 2021+10.6%+10.8%+6.4%
Q1 2021-2.1%-6.5%+3.1%
Q4 2020-14.6%-21.3%-4.2%
Q3 2020+3.1%+4.6%-1.3%
Q2 2020+13.4%+4.0%+50.7%
Q1 2020+1.7%-0.9%-17.4%
Q4 2019+4.2%+19.2%+20.7%
Q3 2019+1.3%+2.4%+9.8%
Q2 2019-6.0%-6.7%-12.9%
Q1 2019-3.5%-0.4%+1.8%
Q4 2018+0.8%-3.7%-5.7%
Q3 2018+0.0%-0.9%+1.4%
Q2 2018+2.0%+1.8%+11.9%
Q1 2018-1.9%-1.1%+12.5%
Q4 2017-5.1%-2.7%+0.4%
Q3 2017-2.1%-5.7%-12.1%
Q2 2017-7.0%-4.6%-0.9%
Q1 2017-1.0%+1.8%+2.1%
Q4 2016-6.8%-5.5%-13.1%
Q3 2016+9.3%+10.2%+28.5%
Q2 2016-1.8%
Q1 2016-3.3%
Q4 2015-4.1%
Q3 2015-5.1%
Q2 2015+5.4%
Q1 2015+3.2%
Q4 2014+1.3%
Q3 2014-3.3%
Q2 2014+1.0%
Q1 2014+3.0%
Q4 2013+0.9%
Q3 2013-1.7%
Q2 2013-7.7%
Q1 2013-1.1%
Q4 2012-2.7%
Q3 2012-2.8%
Q2 2012-6.8%
Q1 2012-0.6%
Q1 2011-15.8%
Q4 2011+1.8%
Q2 2011+1.8%
Q4 2009+1.8%
Q3 2010+1.6%
Q3 2011+1.6%
Q4 2010+1.6%
Q2 2010-2.3%

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