Patria Investments' Q4 Distributable Earnings, Revenue From Services Rise

MT Newswires Live
02-12

Patria Investments (PAX) reported Q4 distributable earnings Wednesday of $0.58 per share, up from $0.47 a year earlier.

Three analysts polled by FactSet expected EPS of $0.35.

Revenue from services for the quarter ended Dec. 31 was $157.2 million, up compared with $111.7 million a year earlier.

Analysts' estimates were not readily available for comparison.

The company maintained a quarterly dividend of $0.15 per share payable March 17 to shareholders of record as of Feb. 28.

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