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BMO Reviews IGM Financial's Q4
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BMO Reviews IGM Financial's Q4
Feb 10, 2025 10:45 AM

01:19 PM EST, 02/10/2025 (MT Newswires) -- IGM Financial ( IGIFF ) reported in-line fourth-quarter with adjusted earnings per share of $1.05, compared with BMO/consensus $1.04/$1.05 estimate, with in-line 2025 4% opex increase guide.

China AMC guide of flat in 2025 on competitive fee margin compression a modest negative surprise, but that was more than offset by the impact of elevated share buybacks, notes analyst Tom MacKinnon.

Increasing estimates 1% and target price by $1, to $48. Maintain Market Perform.

Price: 44.74, Change: +0.34, Percent Change: +0.77

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