Abacus Global Management, Inc. Class A (ABX)
NYSE:ABX
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Earnings Data
Report Date
Aug 17, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.24Last Year’s EPS
0.22Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a broadly positive operational and financial picture: strong revenue growth (+34.6%), improved cash generation (operating cash flow swing of >$153M), rising adjusted EBITDA (+33.3%) and raised guidance. Fundraising momentum, attractive portfolio KPIs (26% realized gains vs 20% target), successful fund wind-up and strategic initiatives (Manning & Napier partnership, planned securitization) support growth and capital flexibility. Offsetting items are deliberate expense investments, modest margin compression, remaining reported leverage and timing/regulatory risk around securitization and the interval fund. On balance, highlights materially outweigh the lowlights, indicating constructive momentum as the company scales.Company Guidance
Raised Full-Year Guidance
Raised 2026 adjusted net income guidance from $96M-$104M to $100M-$106M (adjusted EPS $1.00-$1.05) and provided Q2 guide of $24M-$26M (adjusted EPS $0.24-$0.26).
Strong Revenue Growth
Total revenue grew 34.6% year-over-year to $59.4M in Q1 2026 from $44.1M, driven by Life Solutions ($50.6M) and asset management fees ($8.5M).
Profitability Expansion (Adjusted and GAAP)
Adjusted net income rose 16.6% to $20.1M (Q1 2026 vs $17.3M). Adjusted EBITDA grew 33.3% to $32.7M with a 55% margin; GAAP net income attributable to Abacus grew 59% to $7.3M ($0.07 per diluted share).
Operating Cash Flow Turnaround
Generated $91.7M in operating cash flow in Q1 2026 versus negative $61.6M in Q1 2025—a year-over-year swing of more than $153M—driven by policy cash flows, fund wind-up and operating leverage.
Fundraising and Pipeline Momentum
Raised $288M into longevity funds in Q1 (after $275M in Q4). Reviewed ~9,000 qualified policies in Q1 (vs ~11,000 across all of 2025); new fund vintages have attracted nearly $1B in investor capital since inception.
Strong Portfolio Performance and KPIs
Average realized gain of 26% for the quarter (exceeding 20% target), annualized portfolio turnover 1.9x (in target range 1.5x–2x), weighted average life expectancy of seasoned assets 46 months and weighted average insured age 88 years.
Successful LMA Income II Fund Outcome
LMA Income II (≈$115M AUM) reached end of initial term and returned capital to all investors 100% on time; ~1/3 extended and ~1/3 reinvested—demonstrating investor confidence and reducing consolidated fund reporting obligations.
Balance Sheet and Capital Flexibility
Reported cash $37.2M, balance sheet policy assets $392.8M. Reported long-term debt reduced to ≈$330M (reflecting removal of ~$76.7M in fund-level consolidation). Adjusted ROE 19% and adjusted ROIC 17%, both improved versus prior year; recourse debt-to-EBITDA ≈2x with capacity to ~4x.
Strategic Growth Initiatives
Progressing distribution alliance with Manning & Napier (expect early results in Q2) and targeting a second securitization in late Q2/early Q3 to recycle capital and diversify funding sources.
ABX 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
ABX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $9.38 | $9.08 | -3.20% |
Mar 12, 2026 | $9.85 | $9.80 | -0.51% |
Nov 06, 2025 | $5.12 | $6.26 | +22.27% |
Aug 07, 2025 | $5.34 | $5.76 | +7.87% |
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 Abacus Global Management, Inc. Class A (ABX) report earnings?
Abacus Global Management, Inc. Class A (ABX) is schdueled to report earning on Aug 17, 2026, Before Open (Confirmed).
What is Abacus Global Management, Inc. Class A (ABX) earnings time?
Abacus Global Management, Inc. Class A (ABX) earnings time is at Aug 17, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is ABX EPS forecast?
ABX EPS forecast for the fiscal quarter 2026 (Q2) is 0.24.