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Noah Holdings (NOAH)
NYSE:NOAH
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
3.36Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 25, 2025
|% Change Since: -26.68%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed sentiment. While there is significant growth in overseas business and alternative investment products, the company faces challenges with declining revenues, restructuring costs, and market pressures in the domestic segment.Company Guidance
During the call, Noah provided guidance on several key metrics and strategic priorities for 2025. The company's full-year net revenues for 2024 were reported at RMB 22.6 billion, representing a year-over-year decline of 21.1%, primarily affected by reduced distribution of domestic and overseas insurance products and recurring service fees from domestic private equity products. Non-GAAP net income fell by 46% to RMB 550 million, impacted by upfront restructuring costs and an increased effective tax rate of 31.5%. Despite these challenges, Noah emphasized its focus on expanding its overseas presence, with overseas net revenues contributing 48% to total net revenues, up from 44% the previous year. The number of overseas relationship managers reached 138, marking a 55.1% increase, and the company's overseas AUM grew by 15.1% to USD 5.8 billion. For 2025, Noah outlined priorities including ensuring regulatory compliance, expanding its overseas relationship manager team, growing its commission-only insurance agents, optimizing global investment solutions, and enhancing technology to better serve clients. Noah also announced a dividend of RMB 550 million, reflecting 100% of its non-GAAP net income, and continued its share repurchase program. The company remains focused on positioning itself as the preferred wealth management platform for global Mandarin-speaking clients.Expansion of Overseas Business
Overseas net revenues accounted for 48% of total net revenues in 2024, up from 44% last year. The number of overseas relationship managers increased by 55.1% from last year, and the overseas client base grew by 15.8%.
Increase in Overseas Investment Products
Transaction value of overseas primary and private secondary products grew 45% and 22% respectively, year over year. USD-denominated AUM grew by 15.1% year over year to USD 5.8 billion.
Launch of New International Brands
Noah launched new internationally focused brands including Arc, Olive Asset Management, and Glory Family Heritage to lead efforts overseas.
Significant Increase in Alternative Investment Products
For overseas private equity, private credit, and other primary market funds, USD 663 million was raised, a 44.9% year-on-year increase.
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NOAH 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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NOAH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 25, 2025 | $11.28 | $10.50 | -6.91% |
| Nov 26, 2024 | $11.71 | $12.81 | +9.39% |
| Aug 28, 2024 | $7.33 | $8.41 | +14.73% |
| May 29, 2024 | $10.74 | $8.27 | -23.00% |
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 Noah Holdings (NOAH) report earnings?
Noah Holdings (NOAH) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Noah Holdings (NOAH) earnings time?
Noah Holdings (NOAH) earnings time is at May 13, 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 NOAH EPS forecast?
Currently, no data Available
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