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St. James’s Place (LON:STJ) Announces Quarterly Earnings Results
['Kim Johansen']
Markets Daily
St. James’s Place (LON:STJ – Get Free Report) released its quarterly earnings data on Wednesday.
St. James’s Place had a net margin of 1.76% and a return on equity of 37.33%.
Here are the key takeaways from St. James’ Place’s conference call:Get St. James's Place alerts:Positive Sentiment: Strong first-half performance: St. James’s Place reported £2.7 billion of net inflows and record funds under management of £240.8 billion, while client retention remained above its 95% target.
St. James’s Place Stock PerformanceShares of St. James’s Place stock traded down GBX 13.50 during trading hours on Wednesday, hitting GBX 1,071.50.
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