The earnings call reflects a mixed sentiment with strong growth in assets under management and recognition in fixed income, contrasted by challenges in equity strategies and a decline in public market revenues and net earnings.

Company Guidance

During Fiera Capital's third-quarter 2025 earnings call, the company provided several key metrics and guidance. Total assets under management (AUM) increased by 4% to $166.9 billion, driven by market appreciation and net organic growth of $900 million. The public market platform reported an AUM of $145 billion, up 3.9% from the previous quarter, while the private market platform reached $22 billion, a 5.3% increase. Notable achievements included a $500 million mandate in the U.S. growth equity strategy and an $800 million investment from the Canadian District of the United Brotherhood of Carpenters and Joiners of America into the Canadian Built Opportunities Fund. Financially, Fiera Capital reported total revenues of $167 million, a 3% increase from the previous quarter, and an adjusted EBITDA margin of over 30%. Net debt decreased to $680 million, with a net debt ratio of 3.5x. The company repurchased 1.6 million shares year-to-date for approximately $10 million and announced a quarterly dividend of $0.108 per share.

Increase in Total Assets Under Management

Total assets under management increased by 4% to $166.9 billion, with the public market platform reaching $145 billion, up 3.9%, and the private market platform at $22 billion, up 5.3%.

Recognition in Fixed Income

Fiera Capital was recognized as Fixed Income Manager of the Year at the European Awards 2025, demonstrating strong performance in fixed income strategies, with 86% of fixed income assets outperforming their benchmark over 1 year and 97% over 5 years.

Strong Performance in Private Markets

Private market strategies generated positive returns, with key strategies delivering absolute returns of 5% to 10% over the 1-year period. The infrastructure debt fund returned 2.6% in Q3 and an internal rate of return of more than 11% since inception.

Launch of Canadian Built Opportunities Fund

Received an initial investment of approximately $800 million from the Canadian District of the United Brotherhood of Carpenters and Joiners of Americas, with the fund aiming to reach over $1 billion in assets within 3 years.

Financial Performance Improvement

Adjusted EBITDA for the quarter was $50 million, up 10% quarter-over-quarter, with a margin just over 30%.

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

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TSE:FSZ Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 20, 2026	2025 (Q4)	0.28 / -	0.21	―	―	―
Nov 13, 2025	2025 (Q3)	0.22 / 0.23	0.25	-8.00% (-0.02)	―	―
Aug 08, 2025	2025 (Q2)	0.19 / 0.24	0.23	4.35% (<+0.01)	―	―
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)	―	―

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
Nov 13, 2025	C$6.16	C$6.23	+1.14%
Aug 08, 2025	C$6.40	C$6.35	-0.78%
May 09, 2025	C$6.22	C$5.38	-13.50%
Feb 26, 2025	C$6.74	C$5.99	-11.13%

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 Feb 20, 2026, Before Open (Confirmed).

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

Fiera Capital A (TSE:FSZ) earnings time is at Feb 20, 2026, 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 (Q4) is 0.28.

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