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Stonex Group Inc. (SNEX)
NASDAQ:SNEX
Earnings Data
Report Date
May 13, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.83Last Year’s EPS
1.41Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a strongly positive quarter driven by record net income, EPS and revenues, significant contribution from the R.J. O'Brien and Benchmark acquisitions, outstanding performance in precious metals and listed derivatives, and improved interest income. Material growth was offset by notable softness in FX/CFD and self-directed retail revenues, near-term expense increases (including legal and integration costs), and the need to fully realize acquisition synergies over time. On balance, the positive operational and financial momentum and scale benefits from acquisitions outweigh the headwinds.Company Guidance
Record Net Income, EPS and Revenues
Net income of $139 million (record) and diluted EPS of $2.50 for the quarter; net income up 63% year-over-year and EPS up 48% year-over-year. Operating revenues just over $1.4 billion, up 52% versus prior year; net operating revenues up 47% versus prior year.
Strong Return on Equity and Trailing 12-Month Performance
Quarter ROE of 22.5% (32.4% return on tangible book equity). Trailing 12-month net income was a record $359.8 million, up 30% year-over-year, with diluted EPS of $6.70 and ROE of 16.9% for the trailing 12 months.
Precious Metals and Physical Contracts Outperformance
Precious metals segment income generated $75 million this quarter (an increase of $24 million versus the entire fiscal year 2025). Operating revenues from physical contracts increased 69% year-over-year, with precious metals contributing an $83.9 million increase versus prior year.
Listed Derivatives and Securities Growth
Operating revenues from listed contracts increased $157.3 million (141% year-over-year), driven largely by the R.J. O'Brien acquisition and LME base metals activity. Securities operating revenues were up 43% year-over-year with volumes up 22% and rate per million up 35%.
Acquisitions Driving Scale and Contribution
R.J. O'Brien and Benchmark acquisitions materially contributed to results: RJO contributed $28.5 million and Benchmark $4.6 million in pretax net income (excluding acquired intangible amortization) for the quarter. RJO added ~$63.8 million to interest and fee income and $5.8 billion in average client equity for the quarter.
Interest and Fee Income Expansion and Hedging Actions
Interest and fee income on aggregate client float increased $66.1 million (61% year-over-year). Company entered into $1.2 billion of fixed-rate SOFR swaps (2-year duration, average rate 3.32%) to hedge interest exposure. Estimated sensitivity: a 100 bps change in short-term rates would change annualized net income by ~$43.2 million or ~$0.80 per share.
Commercial and Institutional Segment Records
Commercial segment net operating revenues increased 65% year-over-year and segment income increased 72%. Institutional segment reported record net operating revenues and segment income, up 86% and 78% year-over-year respectively.
Corporate Actions and Capital Returns
Board approved a Three-for-Two stock split (effective as a stock dividend), demonstrating confidence in capital position and shareholder-friendly action. U.K. consolidation of RJO entity released $20 million in capital.
SNEX 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
SNEX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 04, 2026 | $117.37 | $113.55 | -3.25% |
Nov 24, 2025 | $84.00 | $89.12 | +6.10% |
Aug 05, 2025 | $96.96 | $81.94 | -15.49% |
May 07, 2025 | $94.15 | $87.81 | -6.73% |
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 Stonex Group Inc. (SNEX) report earnings?
Stonex Group Inc. (SNEX) is schdueled to report earning on May 13, 2026, After Close (Confirmed).
What is Stonex Group Inc. (SNEX) earnings time?
Stonex Group Inc. (SNEX) earnings time is at May 13, 2026, After Close (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 SNEX EPS forecast?
SNEX EPS forecast for the fiscal quarter 2026 (Q2) is 1.83.