Intermediate Capital Group H1 Fiscal 2024 Results Preview

Revenue Forecast

The highly anticipated release of the first-half fiscal 2024 results for Intermediate Capital Group is scheduled for Wednesday. According to the company's Visible Alpha consensus, analysts expect the asset manager to report revenue of £370 million ($454.4 million). This forecast falls within a range of £325 million to £398 million, showcasing moderate growth compared to the previous year's figure of £221.4 million.

Pretax Profit Forecast

Analysts also predict a pretax profit of £162 million for the period, with a range between £112 million and £187 million. In the previous year, Intermediate Capital Group reported a pretax profit of £30.8 million.

Key Factors to Monitor

As investors await the release of the results, there are several crucial elements to keep an eye on:

Third-Party Assets Under Management (AUM)

Analysts estimate that the period's third-party AUM will range between £76.27 billion and £81.24 billion, amounting to approximately $78.86 billion. This projection reflects an increase from the previous year's figure of $65.6 billion.

Third-Party Fee Income

Consensus suggests that third-party fee income for the period will be within the range of £241 million to £257 million, with a median forecast of £247 million. This is slightly lower than the previous year's figure of £265.3 million.

Stay tuned for Intermediate Capital Group's official announcement on Wednesday to see how these expectations and forecasts align with reality.