The earnings call highlighted significant challenges, such as a decrease in AUM, dividend reduction, and revenue decline, largely attributed to macroeconomic conditions and PineStone outflows. However, there were positive elements like growth in private markets and leadership appointments, indicating strategic positioning for future growth.

Company Guidance -

Q2 2025

During the Fiera Capital earnings call for the first quarter of 2025, the company provided guidance on various financial metrics and strategic directions. The firm's assets under management (AUM) decreased by $5.5 billion to $161.6 billion primarily due to outflows from assets subadvised by PineStone. Excluding these, Fiera experienced positive net organic growth of $550 million. The private markets platform saw a 7% growth, bringing its AUM to $21.1 billion, driven by a new real estate acquisition in the UK. Public markets AUM, excluding PineStone, increased by 1% to over $104 billion. Despite a challenging macroeconomic backdrop, the company's Canadian equity strategy outperformed its benchmark by 240 basis points. On the financial front, total revenues for the quarter were $163 million with base management fees totaling $155 million, up 2% year-over-year. SG&A expenses were $122 million, and the adjusted EBITDA margin remained stable at 26.6%. The company announced a quarterly dividend of $0.108 per share, reflecting a strategic shift to prioritize financial flexibility and growth opportunities.

Positive Net Organic Growth Excluding PineStone

Excluding PineStone, Fiera Capital experienced positive net organic growth of about $550 million in Q1 2025.

Private Markets Platform Growth

Assets in the private markets platform grew by $1.4 billion or 7% to $21.1 billion during the quarter.

Strong Investment Performance

Most flagship strategies performed well, with Canadian fixed income strategies delivering strong excess returns and the global multi-sector income strategy outperforming its benchmark by more than 70 basis points.

New Leadership Appointments

Maxime Ménard was appointed as Global President and CEO effective July 1, 2025, with Gabriel Castiglio as Global COO, and Lucas Pontillo as Global CFO and Head of Corporate Strategy.

Fiera Capital A (TSE:FSZ) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:FSZ Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 08, 2025	2025 (Q2)	0.19 / -	0.23	―	―	―
May 09, 2025	2025 (Q1)	0.21 / 0.20	0.24	-16.67% (-0.04)	―	―
Feb 26, 2025	2024 (Q4)	0.38 / 0.21	0.37	-43.24% (-0.16)	―	―
Nov 07, 2024	2024 (Q3)	0.22 / 0.25	0.18	38.89% (+0.07)	―	―
Aug 07, 2024	2024 (Q2)	0.21 / 0.23	0.24	-4.17% (>-0.01)	―	―
May 08, 2024	2024 (Q1)	0.20 / 0.24	0.23	4.35% (<+0.01)	―	―
Feb 28, 2024	2023 (Q4)	0.28 / 0.37	0.32	15.62% (+0.05)	―	―
Nov 08, 2023	2023 (Q3)	0.22 / 0.18	0.23	-21.74% (-0.05)	―	―
Aug 10, 2023	2023 (Q2)	0.24 / 0.24	0.3	-20.00% (-0.06)	―	―
May 10, 2023	2023 (Q1)	0.24 / 0.23	0.322	-28.57% (-0.09)	―	―

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

TSE:FSZ Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 09, 2025	C$6.43	C$5.57	-13.37%
Feb 26, 2025	C$6.97	C$6.19	-11.19%
Nov 07, 2024	C$9.13	C$10.13	+10.95%
Aug 07, 2024	C$6.97	C$6.80	-2.44%

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 Fiera Capital A (TSE:FSZ) report earnings?

Fiera Capital A (TSE:FSZ) is schdueled to report earning on Aug 08, 2025, Before Open (Confirmed).

What is Fiera Capital A (TSE:FSZ) earnings time?

Fiera Capital A (TSE:FSZ) earnings time is at Aug 08, 2025, Before Open (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 TSE:FSZ EPS forecast?

TSE:FSZ EPS forecast for the fiscal quarter 2025 (Q2) is 0.19.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing