Earnings Alerts

Petershill Partners Plc (PHLL) Earnings Surge in 1H: Distributable Earnings Hit $140M

By September 17, 2024 No Comments



Key Highlights

  • Petershill’s partner distributable earnings for the first half of 2024 totaled $140 million.
  • Partner fee-related earnings amounted to $111.7 million.
  • 2024 acquisitions are projected to be in the medium-term range of $100 – $300 million per year.
  • Partner-firms successfully raised $14 billion in fee-eligible assets during the first six months of 2024, despite a challenging fundraising environment.
  • Analysts provided 7 “buy” ratings, 1 “hold” rating, and 0 “sell” ratings for Petershill.



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

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Investors looking at the long-term prospects of Petershill Partners Plc can take comfort in the company’s strong Smart Scores. With top marks in Value and Dividend, Petershill Partners is viewed favorably for its financial health and shareholder rewards. Additionally, scoring well in Growth and Momentum indicates positive trends for the company’s future performance. While Resilience scored slightly lower, Petershill Partners’ overall outlook remains solid, making it an attractive choice for investors seeking stability and growth in the alternative asset management sector.

Petershill Partners Plc, a general partner solutions investment firm based in the United Kingdom, stands out for its impressive Smart Scores across key factors. By providing capital to alternative asset managers through minority stake acquisitions, the company demonstrates its commitment to strategic investments and sustainable growth. With a strong focus on value, dividends, and momentum, Petershill Partners is well-positioned to continue delivering value to both its clients and shareholders in the long run.

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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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