INTL FCStone Sees Q4 2015 Operating Revenues Tick Higher

Thursday, 10/12/2015 | 12:43 GMT by Jeff Patterson
  • Operating revenues showed a figure of $178.7 million in Q4 2015, justifying a growth of 37.0% YoY from just $130.6 million in Q4 2014.
INTL FCStone Sees Q4 2015 Operating Revenues Tick Higher
Photo: Bloomberg

INTL FCStone Inc. (NASDAQ:INTL), a global financial services group, has reported its Q4 2015 operating metrics for the fiscal year ending September 30, 2015, according to an INTL FCStone statement.

During Q4 2015, INTL FCStone reported total revenues of $2.63 billion, which represent a massive decline of -75.4% YoY from $10.6 billion in Q4 2014. However, while this loss was relegated to the period of Q4, the full fiscal year revenues figure was a much different story, actually rising to $34.69 billion from $34.0 billion, or capturing a tepid growth of 2.0% YoY.

Operating revenues were also a much rosier picture in Q4 2015, which showed a figure of $178.7 million, justifying a growth of 37.0% YoY from just $130.6 million in Q4 2014. Another area where INTL FCStone outperformed was in the area of net income. In Q4 2015, the group witnessed a figure of $21.1 million, up a staunch 264% YoY from $5.8 million in Q4 2014.

Shareholders of INTL FCStone (NASDAQ:INTL) also had a reason to be happy with the group’s 2015 performance, namely in Q4 2015, which saw a basic earnings for share at $1.12, up from just $0.30 in Q4 2014, or 276% YoY.

At the time of writing, shares of INTL FCStone settled at $34.09 during pre-market trading, having fallen -4.62% yesterday. The stock had recently struck a 52-week high of $37.74 earlier this week before retreating back towards the $34.00 handle.

According to Sean M. O'Connor, Chief Executive Officer (CEO) of INTL FCStone Inc., in a recent statement on the metrics, "We achieved very strong results for the fourth quarter which was a record in almost every respect. With a very strong Q4 result we achieved our target ROE of 15% for the year overall which we believe is a best in class performance.”

“These results have been underpinned by very strong transaction volumes across the board indicative of increases in market share by all our businesses,” he added.

Last month, INTL FCStone Financial Inc. made headlines after it was accredited as a Derivatives Trading and Advising Participant for the New Zealand Exchange (NZX) Derivatives Market. In particular, the partnership sees INTL FCStone Financial Inc. also become a General Clearing Participant for the NZX Dairy Derivatives Market.

INTL FCStone Inc. (NASDAQ:INTL), a global financial services group, has reported its Q4 2015 operating metrics for the fiscal year ending September 30, 2015, according to an INTL FCStone statement.

During Q4 2015, INTL FCStone reported total revenues of $2.63 billion, which represent a massive decline of -75.4% YoY from $10.6 billion in Q4 2014. However, while this loss was relegated to the period of Q4, the full fiscal year revenues figure was a much different story, actually rising to $34.69 billion from $34.0 billion, or capturing a tepid growth of 2.0% YoY.

Operating revenues were also a much rosier picture in Q4 2015, which showed a figure of $178.7 million, justifying a growth of 37.0% YoY from just $130.6 million in Q4 2014. Another area where INTL FCStone outperformed was in the area of net income. In Q4 2015, the group witnessed a figure of $21.1 million, up a staunch 264% YoY from $5.8 million in Q4 2014.

Shareholders of INTL FCStone (NASDAQ:INTL) also had a reason to be happy with the group’s 2015 performance, namely in Q4 2015, which saw a basic earnings for share at $1.12, up from just $0.30 in Q4 2014, or 276% YoY.

At the time of writing, shares of INTL FCStone settled at $34.09 during pre-market trading, having fallen -4.62% yesterday. The stock had recently struck a 52-week high of $37.74 earlier this week before retreating back towards the $34.00 handle.

According to Sean M. O'Connor, Chief Executive Officer (CEO) of INTL FCStone Inc., in a recent statement on the metrics, "We achieved very strong results for the fourth quarter which was a record in almost every respect. With a very strong Q4 result we achieved our target ROE of 15% for the year overall which we believe is a best in class performance.”

“These results have been underpinned by very strong transaction volumes across the board indicative of increases in market share by all our businesses,” he added.

Last month, INTL FCStone Financial Inc. made headlines after it was accredited as a Derivatives Trading and Advising Participant for the New Zealand Exchange (NZX) Derivatives Market. In particular, the partnership sees INTL FCStone Financial Inc. also become a General Clearing Participant for the NZX Dairy Derivatives Market.

About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
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