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0.00346806387225538 0.00346806387225538 0.00399201596806379 0.00787924151696596 0.0222679640718562 0.0167165668662673 0.0142215568862274 0.0217065868263472
Stock impact report

Oppenheimer Holdings Inc. Reports First Quarter 2024 Earnings [Yahoo! Finance]

Oppenheimer Holdings, Inc. Class A (DE) (OPY) 
US:NYSE Investor Relations: opco.com/investor-relations/index.aspx
Company Research Source: Yahoo! Finance
or basic earnings per share for the first quarter of 2024, an increase of approximately 78.2%, compared with net income of $14.6 million or basic earnings per share for the first quarter of 2023. Revenue for the first quarter of 2024 was $353.1 million , an increase of 9.8%, compared to revenue of $321.7 million for the first quarter of 2023. Albert G. Lowenthal Chairman and CEO commented, "The Firm registered outstanding operating results for the first quarter of 2024, reflecting the solid performance of our investment banking franchise amidst an improving capital market and strong results from our Wealth Management business responding to the impact of rising equity markets. Our overall performance was favorably impacted by improving macroeconomic conditions, highlighted by the continued rise of the equity markets with the S&P 500 reaching record highs owing to positive economic data and expectations that the Federal Reserve will pivot to reducing rates in the second half of the ye Show less Read more
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