Investment
Features
FeesSafety
Academy
More
Pluang+

Ashmore Group misses earnings by 21%, UBS keeps neutral rating with shares up 1%.

Company Fundamentals
07 Sep 2026
Proactive Investors
View Source
Bearish
Ashmore Group misses earnings by 21%, UBS keeps neutral rating with shares up 1%.

Ashmore Group reported a 21% earnings miss for fiscal year 2026, driven by weaker performance fees and higher variable compensation costs linked to seed-capital gains. Adjusted EBITDA fell 32% year-on-year to £35.7 million, below consensus expectations. Despite the miss, net management fees were stable and seed-capital gains exceeded forecasts, helping limit the profit before tax shortfall to 1% below consensus. UBS maintained a neutral rating and a target price of 209p, expecting the next earnings update to align with consensus estimates.

More News

Brookfield Renewable delays vote on corporate simplification to Oct 29, citing strong unitholder support.

Brookfield Renewable delays vote on corporate simplification to Oct 29, citing strong unitholder support.

Brookfield Renewable Partners has postponed its special unitholders' meeting to October 29, 2026, to finalize approval for its proposed corporate simplification. Over 99.7% of votes so far favor the plan, which aims to merge Brookfield Renewable Part...

Company Fundamentals
Bullish
27 minutes ago
MindWave signs 3 deals to build blockchain networks in climate finance, sports media, and insurance sectors.

MindWave signs 3 deals to build blockchain networks in climate finance, sports media, and insurance sectors.

MindWave Innovations Inc., a subsidiary of Apimeds Pharmaceuticals US, signed three agreements within 10 days to create dedicated blockchain networks for clients in climate finance, sports media, and insurance. Each network runs on MindWave's MindCha...

Market News
Bullish
1 hour ago
Park Aerospace beats Q2 earnings but cuts 2027 sales forecast due to lower GE Aerospace demand

Park Aerospace beats Q2 earnings but cuts 2027 sales forecast due to lower GE Aerospace demand

Park Aerospace reported Q2 fiscal 2027 earnings that exceeded expectations, with EPS of $0.21 versus $0.16 estimated and revenue of $20.8 million beating the $20 million forecast. The company showed strong profitability with a 34.3% gross margin and ...

Company Fundamentals
Bearish
2 hours ago
WF Holding jumps nearly 500% with no clear catalyst; Veea and Fastly also surge on Nasdaq compliance and upgrades.

WF Holding jumps nearly 500% with no clear catalyst; Veea and Fastly also surge on Nasdaq compliance and upgrades.

On October 9, 2026, WF Holding's stock soared nearly 500% on extremely high volume despite no confirmed catalyst. Veea rose 47.3% after regaining full Nasdaq listing compliance by resolving governance issues. Fastly gained 15.9% following an Oppenhei...

Market News
Bullish
2 hours ago
First Commonwealth schedules Q3 2026 earnings call for October 28, following earnings release on October 27.

First Commonwealth schedules Q3 2026 earnings call for October 28, following earnings release on October 27.

First Commonwealth Financial Corporation announced it will hold a conference call and webcast on October 28, 2026, at 2:00 p.m. ET to discuss its third quarter 2026 financial results. The earnings press release will be published after market close on...

Company Fundamentals
Neutral
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App