BUR Earnings Prediction
The chart below shows how BUR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BUR sees a +0.56% change in stock price 10 days leading up to the earnings, and a +0.47% change 10 days following the report. On the earnings day itself, the stock moves by -0.67%. This data can give you a slight idea of what to expect for the next quarter's release.
BUR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
249.11M
-31.93%
56.03%
Gross Margin
--
--
--
Operating Margin
81.18%
-6.15%
6.68%
Net Margin
63.37%
-21.95%
34.40%
EPS
0.61
-50.00%
154.17%
No Data Available
BUR Earnings Analysis
Burford Capital Limited Corporation (BUR.N) Earnings Conference Call
Positive
Net Income Performance: Net income for the second quarter was $136 million, resulting in $0.61 per share, which is over 60% of total revenues.
Commitment Growth Surge: New commitments increased more than 5x compared to the comparative period, indicating strong growth in business activity.
Cash and Securities Increase: The company ended the third quarter with $629 million of cash and securities, a significant increase compared to historical levels.
Cost Management Success: Operating expenses decreased by 25% compared to the same period last year, showcasing effective cost management.
Net Realized Gains Performance: The year-to-date figure of $186 million in net realized gains aligns with previous annual records, indicating strong performance.
Negative
Net Income Decline: Net income for the second quarter was $136 million, resulting in $0.61 per share, which is a decrease compared to previous quarters.
Profitability Decline Indicator: Net income was just over 60% of total revenues, indicating a decline in profitability.
Capital Provision Assets Burden: The company reported slightly over $3.6 billion of capital provision assets, which reflects a significant burden on financial resources.
Commitment Surge Concerns: New commitments went up more than 5x over the comparative period, suggesting a potential overextension of resources.
Operating Expenses Decline: Operating expenses were down 25% versus the same period last year, but this may not be sustainable in the long term.
BUR FAQs
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BUR Earning Call Sentiment
Burford Capital Limited (BUR) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
BUR.N
-1.89%Positive
The earnings call summary presented mixed signals. Financial performance was strong with record cash receipts and reduced expenses, but lacked detailed year-over-year comparisons. Shareholder returns were positive with share repurchases. However, legal risks with Argentina and debt maturity concerns were highlighted. The Q&A revealed uncertainties about the Argentina case and competitive environment. Considering the market cap, the stock may react within a neutral range due to these mixed factors.