Shares of Platinum Investment Management (ASX:PTM) fell nearly 2% in recent Thursday trade after the company reported late Wednesday fiscal 2025 earnings of AU$0.0109 per share, down from AU$0.0779 a year earlier.
Analysts polled by FactSet expected earnings of AU$0.05.
Revenue and other income for the 12 months ended June 30 were AU$140.9 million, compared with AU$185 million a year earlier. Analysts surveyed by FactSet expected AU$132.9 million.