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IGM Financial (IGIFF)
OTHER OTC:IGIFF
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.74Last Year’s EPS
0.67Same Quarter Last Year
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: 1.17%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Positive
The earnings call reflected robust growth in client assets and strategic investments, with record-breaking earnings. However, market volatility and challenges in retail sales and M&A activities presented areas of concern.Company Guidance
During the IGM Financial First Quarter 2025 Analyst Call, the company reported robust financial performance, setting a record with an adjusted earnings per share of $1. Key metrics highlighted include a 19% year-over-year growth in client assets, surpassing $0.5 trillion, driven by strategic investments and strong performance from core businesses IG Wealth and Mackenzie, both achieving record high client assets. The balance sheet remains strong with unallocated capital exceeding $600 million. Despite market volatility, net inflows for IG Wealth were $718 million, with gross inflows totaling $4.2 billion and gross sales of $4.9 billion. Mackenzie Investments saw a 7% increase in AUM to $219 billion, with net sales of $3.4 billion in Q1. Additionally, Wealthsimple and Rockefeller reported significant asset growth, with Wealthsimple's AUA increasing by 89% year-over-year. Operational highlights include a focus on expanding private asset offerings and maintaining strategic investments, all while navigating a complex economic landscape.Record-Breaking Q1 Earnings
Adjusted earnings per share reached a first-quarter record of $1, with core businesses achieving record high client assets.
Significant Growth in Client Assets
Client assets grew by 19% year-over-year, surpassing $0.5 trillion for the first time.
Strong Performance in Wealth Management
IG Wealth ended the quarter with $141.5 billion AUA, up 11% year-over-year. Record gross inflows and net inflows of $718 million were achieved.
Positive Institutional Sales
Mackenzie achieved net sales of $3.4 billion in Q1, with a strong contribution from institutional awards.
Growth in Strategic Investments
ChinaAMC's investment funds grew by 27% year-over-year, and Northleaf delivered consecutive quarters of $1 billion in fundraising.
IGIFF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IGIFF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | $31.60 | $31.54 | -0.19% |
Feb 06, 2025 | $30.83 | $30.69 | -0.45% |
Nov 07, 2024 | $30.41 | $31.04 | +2.07% |
Aug 07, 2024 | $25.52 | $24.90 | -2.43% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does IGM Financial (IGIFF) report earnings?
IGM Financial (IGIFF) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is IGM Financial (IGIFF) earnings time?
IGM Financial (IGIFF) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IGIFF EPS forecast?
IGIFF EPS forecast for the fiscal quarter 2025 (Q2) is 0.74.