Revenue Update on INTL Fcstone Inc(NASDAQ:INTL)

INTL Fcstone Inc(NASDAQ:INTL) announced the earnings results for Fiscal Year 2016 and Q3. The results came in during After-hours on Aug 3, 2016. Company reported revenue of $175.00M. Analysts estimated a revenue of $155.08M. Earnings per share were $0.78. Analysts had estimated an EPS of $0.52.

INTL Fcstone Inc (INTL) made into the market gainers list on Fridays trading session with the shares advancing 0.77% or 0.25 points. Due to strong positive momentum, the stock ended at $32.8, which is also near the day’s high of $32.91. The stock began the session at $32.29 and the volume stood at 45,133 shares. The 52-week high of the shares is $36.97 and the 52 week low is $24.27. The company has a current market capitalization of $604 M and it has 1,84,13,998 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jun 2, 2016, William J Dunaway (Chief Financial Officer) sold 7,628 shares at $27.92 per share price.Also, On Mar 21, 2016, Aaron Schroeder (Chief Accounting Officer) sold 1,656 shares at $27.17 per share price.On Dec 14, 2015, Paul G Anderson (director) sold 6,330 shares at $36.10 per share price, according to the Form-4 filing with the securities and exchange commission.

INTL FCStone Inc. (INTL) is a diversified global financial services company. The Company provides financial products and advisory and execution services. The Company provides its services to producers processors and end-users of traded physical commodities; commercial counterparties; Governmental and non-Governmental organizations and commercial banks brokers institutional investors and investment banks. The Company operates in five segments: Commercial Hedging Global Payments Securities Physical Commodities and Clearing and Execution Services. The Company serves its commercial clients through its team of risk management consultants. Through INTL FCStone Securities Inc. it provides solutions that facilitate cross-border trading. The Physical Commodities segment consists of its physical precious metals trading and physical agricultural and energy commodity businesses. The Company provides global payment solutions to banks and commercial businesses.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

INTL Fcstone Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on INTL Fcstone Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.