TSX:STCKCapital Markets
Stack Capital Group (TSX:STCK) Stock Jumps On Expanding Margins And Profit قوة
Stack Capital Group walked into this earnings day with a stock that had fallen about 36% over the past three months, yet it closed today at CA$17.64 after the market digested a powerful profit story. The headline is simple: Q2 basic earnings per share landed at CA$3.65 on revenue of CA$68.59m, which left trailing net margins at a very high 79.4%.
For a listed investment company, that kind of profitability is the real plotline. Short term price swings matter, but the long term question now is...