StoneX Group's third quarter results beat estimates with operating revenue up 43% to $1.47B and EPS of $1.00.

StoneX Group reported strong fiscal third quarter results, with significant year-over-year growth in both revenue and earnings. Net operating revenues increased 47% to $719.7 million, while net income more than doubled to $127.9 million, or $1.00 per diluted share.

Key Highlights

• Net operating revenue grew 47% year-over-year to $719.7 million, driven by strong performance across key segments.
• Net income surged 102% to $127.9 million, resulting in a diluted EPS of $1.00, an 85% increase from the prior year's $0.54.
• The Commercial segment was a standout performer, with operating revenues nearly doubling to $452.2 million, a 97% increase year-over-year.
• The Institutional segment also posted strong results, with operating revenues growing 40% to $875.3 million.