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U.s. Global Investors (GROW)
NASDAQ:GROW
RESEARCH TOOLSreports
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
―Last Year’s EPS
0.09Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 12, 2025
|% Change Since: -1.22%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with strong strategic initiatives and product performances, particularly in ETFs like JETS and the newly launched WAR, countered by significant decreases in revenue and a net loss for the quarter. The company's robust balance sheet and stock buyback strategy provide some stability amidst the challenges.Company Guidance
In the recent earnings call for U.S. Global Investors, a comprehensive overview of the company's performance and strategic initiatives was provided. The company reported average assets under management of $1.5 billion and operating revenues of $2.2 million for the quarter, with a net loss of $86,000, or $0.01 per share. A significant highlight was the continued focus on smart beta 2.0 strategies and thematic products, such as the newly launched aerospace and defense ETF, WAR. The call also emphasized the importance of stock buybacks, with 236,731 Class A shares repurchased at a cost of approximately $587,000. The company maintains a strong balance sheet with $26 million in cash and equivalents, and no long-term debt, positioning it well to navigate market volatility. Additionally, the performance of the JETS ETF was noted for its outperformance against the market index, reflecting strategic insights into the travel industry's dynamics.Strong Balance Sheet
The company maintains a strong balance sheet with high levels of cash amounting to $26 million and no long-term debt.
JETS ETF Performance
JETS ETF outperformed the New York Stock Exchange Arca Global Airline Index and the S&P 500, showcasing strong performance especially post-COVID.
Smart Beta 2.0 Strategy
The company's smart beta 2.0 strategy has shown effectiveness in optimizing returns, particularly in thematic products such as the luxury goods fund and JETS ETF.
Launch of Aerospace & Defense ETF
Successfully launched the U.S. Global Technology and Aerospace & Defense ETF, WAR, on December 30, 2024, positioning well for growth in military and AI sectors.
Stock Buyback Strategy
For the quarter ended December 31, 2024, the company repurchased 236,731 Class A shares, underscoring its commitment to shareholder value.
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GROW 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
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GROW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 12, 2025 | $2.45 | $2.42 | -1.22% |
| Nov 07, 2024 | $2.43 | $2.45 | +0.82% |
| Sep 10, 2024 | $2.51 | $2.48 | -1.20% |
| May 09, 2024 | $2.65 | $2.57 | -3.02% |
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.
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FAQ
When does U.s. Global Investors (GROW) report earnings?
U.s. Global Investors (GROW) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is U.s. Global Investors (GROW) earnings time?
U.s. Global Investors (GROW) earnings time is at May 08, 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 GROW EPS forecast?
Currently, no data Available
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