Lorne Park Capital (TSE:LPC) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Lorne Park Capital Partners Inc. reported a significant increase in revenue and assets under management for the nine-month period ending September 30, 2024, with revenue climbing by 19% and assets reaching $3.35 billion. Despite the revenue growth, net earnings saw a decline due to legal charges related to regulatory matters and acquisitions. The company’s strategic acquisition and market appreciation have bolstered its financial standing, highlighting its commitment to growth and expanded investment solutions.
For further insights into TSE:LPC stock, check out TipRanks’ Stock Analysis page.