Movement Alert｜TPG, Inc. Intraday Rise 6.03%, Q3 adjusted results met expectations and revenue topped estimates

Market Focus10-29

On October 29, TPG, Inc. rose 6.03% in Regular Trading, trading at $47.235 per share, with turnover of $26.9466 million.

The move followed the company’s latest quarterly report, with adjusted EPS of $0.65 matching consensus estimates and sales of $638.072 million exceeding the $620.126 million estimate.

Additional reported figures were mixed: GAAP net income came in at $0.41 per diluted share versus $0.20 a year earlier but below a $0.68 expectation, while total revenue was reported at $1.22 billion, unchanged year over year and above one published analyst estimate of $624.7 million. The company also lowered its quarterly dividend to $0.55 per share from $0.59.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment