News Focus
News Focus
Followers 12
Posts 3268
Boards Moderated 1
Alias Born 04/20/2001

Re: None

Thursday, 10/30/2014 10:50:32 AM

Thursday, October 30, 2014 10:50:32 AM

Post# of 98
7:10 am Fortress Investment misses by $0.04, beats on revs (FIG) : Reports Q3 (Sep) earnings of $0.12 per share, $0.04 worse than the Capital IQ Consensus Estimate of $0.16; revenues rose 73.7% year/year to $403 mln vs the $226.53 mln consensus. As of September 30, 2014, AUM totaled $66.0 billion, up from $63.8 billion as of June 30, 2014. During the third quarter, Fortress recorded $2.2 billion of net client inflows for Logan Circle, had a $0.9 billion increase in invested capital, raised $0.7 billion of capital that was directly added to AUM and had $0.4 billion of market-driven valuation gains.

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now