Wealth and asset manager Peregrine Holdings said on Friday that its headline earnings per share are likely to have dropped by as much as 45% in the six months to end-September.
The group, which includes wealth manager Citadel, and asset managers Peregrine Capital and Stenham, said it expects its HEPS and earnings per share to fall by between 35% and 45% to between 45.1c and 57.9c. The company said in June that it grappled with deal-flow, citing difficult financial market conditions after itsPeregrine said ongoing HEPS for the period are expected to increase by between 10% and 15%.
The group’s financial results for the six months to end-September 2019 are scheduled to be released on November 13.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Channel24 - 🏆 48. / 51 Read more »
Source: SABC News Online - 🏆 32. / 51 Read more »
JSE drops as US-China trade war tit-for-tat continuesReports that China is considering tighter visa restrictions for some US citizens further dampened hope of a trade deal any time soon
Source: BDliveSA - 🏆 12. / 63 Read more »
Pressure mounts on Malaysia to drop death penaltyA moratorium on executions has been in place since 2018, shortly after the new government took power Why can't other people mind their own country business?
Source: BDliveSA - 🏆 12. / 63 Read more »
Bankrupt PG&E could go up in flames as shares drop over 30%Pacific Gas and Electric, which ignited California wildfires in 2018 and has turned the power off in 2019 to avoid more, is fighting for its life
Source: BDliveSA - 🏆 12. / 63 Read more »
Insiders reveal another eyebrow-raising request by Donald TrumpSources say US president asked for the dropping of a criminal case against a gold trader with ‘close ties’ to the Turkish president
Source: BDliveSA - 🏆 12. / 63 Read more »