Abacus Global reports Q3 adjusted EPS 24c, consensus 18c

Reports Q3 revenue $62.98M, consensus $47.42M. The revenue increase was driven by continued growth in Abacus’ Life Solutions and Longevity Funds segments and expanded asset management fees from recent acquisitions. “The third quarter represents our tenth consecutive quarter of earnings growth, driven by disciplined execution and robust demand for our longevity-based assets, uncorrelated to traditional markets at a time when investors are increasingly focused on diversification,” said Jay Jackson, Chief Executive Officer of Abacus. “We are once again increasing our full-year 2025 expectations for adjusted earnings, now projecting year-over-year growth of 72 to 81%. Moreover, our acquisition of AccuQuote further expands and strengthens our financial services platform. Most recently, we achieved another key milestone with the sale of $50 million in securitized life insurance assets, structured as an investment-grade rated collateralized note to institutional investors. Together, these achievements reinforce our momentum, scalability, and visibility as we continue building a new asset class and creating long-term value for all Abacus stakeholders.”