Hennessy Advisors, Inc. Reports First Quarter Earnings of $0.39 Per Share
Hennessy Advisors, Inc. (HNNA)
US:NASDAQ Investor Relations:
hennessyadvisors.com
Company Research
Source: PR Newswire
NOVATO, Calif., Feb. 12, 2019 /PRNewswire/ -- Hennessy Advisors, Inc. (NASDAQ:HNNA) reported results for its first fiscal quarter of 2019, which ended December 31, 2018, and also announced a quarterly dividend. Summary Highlights (compared to prior comparable quarter ended December 31, 2017):Fully diluted earnings per share decreased 63% to $0.39. Our effective tax rate increased from negative 33% to 29%, an increase of 62 percentage points.Note: The Tax Cuts and Jobs Act of 2017, which was passed during our first fiscal quarter of 2018, required us to reassess our deferred tax liability to account for the future impact of a lower corporate tax rate. As a result, we recorded a large, one-time adjustment in our first fiscal quarter of 2018 that created a tax benefit of approximately $4.2 million, which translated to $0.54 in earnings per share. Total revenue decreased 16% to $11.6 million. Total assets under management decreased 29% to $4.9 billion. Average assets under management, up
Show less
Read more
Impact Snapshot
Event Time:
HNNA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HNNA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HNNA alerts
High impacting Hennessy Advisors, Inc. news events
Weekly update
A roundup of the hottest topics
HNNA
News
- Shareholders in Hennessy Advisors (NASDAQ:HNNA) are in the red if they invested five years ago [Yahoo! Finance]Yahoo! Finance
- Hennessy Advisors, Inc. Acquires the CCM Core Impact Equity FundPR Newswire
- We Wouldn't Be Too Quick To Buy Hennessy Advisors, Inc. (NASDAQ:HNNA) Before It Goes Ex-Dividend [Yahoo! Finance]Yahoo! Finance
- Hennessy Advisors, Inc. Reports 7% Increase in Quarterly Earnings Per Share and Announces Quarterly Dividend [Yahoo! Finance]Yahoo! Finance
- Hennessy Advisors, Inc. Reports 7% Increase in Quarterly Earnings Per Share and Announces Quarterly DividendPR Newswire
HNNA
Sec Filings
- 4/16/24 - Form 13F-HR
- 3/14/24 - Form 13F-HR/A
- 2/23/24 - Form 8-K
- HNNA's page on the SEC website