Patria Investments' Q3 Distributable Earnings Unchanged, Revenue Rises

MT Newswires Live

2024-11-05

Patria Investments (PAX) reported Q3 distributable earnings Tuesday of $0.23 per share, unchanged from a year earlier.

A single analyst polled by Capital IQ expected $0.25.

Revenue from services for the quarter ended Sept. 30 was $78.1 million, up from $63.5 million a year earlier.

Two analysts surveyed by Capital IQ expected $76.1 million.

The company maintained its quarterly dividend at $0.15 per share, payable on Dec. 9 to shareholders of record on Nov. 18.

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