Earnings Alerts

Petershill Partners Plc (PHLL) Earnings: Fee-Paying AuM Hits $233B as 2024 Guidance Exceeds Expectations

By November 19, 2024 No Comments
  • Petershill’s fee-paying partner-firm assets under management stand at $233 billion as of the third quarter of 2024.
  • Partner fee-related earnings have reached $57 million.
  • Partner distributable earnings have amounted to $90 million.
  • The company now expects its 2024 organic fee-eligible assets under management (AuM) to reach the top end of the previously guided range of $20-25 billion.
  • Realisations are anticipated to slightly exceed the previous guidance range of $5-10 billion in fee-paying AuM.
  • Acquisitions for 2024 are expected to be consistent with the medium-term range of $100 – $300 million per annum, with no changes to this outlook.
  • During the first nine months of 2024, partner-firms effectively raised $23 billion of fee-eligible assets in a slower fund-raising environment.
  • Analysts’ recommendations include 7 buys, 1 hold, and 0 sells.

A look at Petershill Partners Plc Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE4.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Petershill Partners Plc shows strong performance across various metrics. With top scores in Value, Dividend, and Momentum, the company demonstrates solid investment potential. The high scores in these areas indicate favorable market positioning and a robust financial standing for Petershill Partners Plc.

In addition, the company’s Growth score of 4 suggests an optimistic outlook for future expansion, while the Resilience score of 3 indicates moderate stability. Petershill Partners Plc, as a general partner solutions investment firm, offers capital to alternative asset managers. This business model, coupled with its strong Smart Scores, points towards a positive long-term outlook for the company in the investment landscape.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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