08:22 AM EDT, 08/08/2025 (MT Newswires) -- Fiera Capital ( FRRPF ) , an independent asset-management firm, said Friday that its adjusted net earnings increased in the second quarter.
The company reported adjusted net earnings of $27.2 million, or $0.24 per diluted share, rising from $24.9 million, or $0.23 per diluted share.
Analysts polled by FactSet expected an adjusted EPS of $0.19.
Revenue fell to $163.0 million from $164.8 million, compared to the analyst consensus forecast of $166.8 million compiled by FactSet.
Adjusted EBITDA ticked up to $45.7 million from $45.3 million.
"These results underscore the trust our clients continue to place in us, the depth of our investment capabilities and the momentum that has been built through our regionalized distribution model," President and CEO Maxime Menard said.