RPC

This article first appeared on GuruFocus. - Adjusted Net Income Per Share: $0.25 in Q3 2026. - Fee-Paying AUM: $35.2 billion, up 2.4% sequentially and 21% year over year (11% excluding Stellus). - Gross Fundraising and Deployment (Q3): $1.3 billion, including $475 million venture capital, $450 million private equity, and $385 million private credit. - Gross Fundraising and Deployment (9M 2026): Nearly $4.5 billion, a year-to-date record; $2 billion venture capital, $1.7 billion private equity, ~$700 million private credit. - Fee-Related Earnings: $43 million, up 19% year over year. - FRE Margin: 48% in Q3; 47% year to date, in line with first nine months of 2025. - Fee-Related Revenue: $89 million, up 17% year over year. - Management and Advisory Fees: $87 million, nearly all of fee-related revenue; ~98% of Q3 fee-related revenue from management and advisory fees. - Average Core Fee Rate: 99 basis points in Q3, down one basis point from Q2; full-year 2026 outlook ~103 basis points. - Direct and Secondary Catch-Up Fees: $1.1 million in Q3; $2.1 million in first nine months; 2026 outlook $6 million$8 million. - Adjusted Net Income (9M 2026): $86 million. - GAAP Operating Cash Flow (9M 2026): $75 million. - Net Leverage: ~2.7 times at quarter end; on track to end year in the mid-twos. - Share Repurchases: Nearly 1.8 million shares at average cost of $8.36 per share, totaling ~$15 million; additional $30 million repurchase authorization approved. - Dividend: $0.04 quarterly dividend maintained. - TrueBridge Fee-Paying AUM: $8.7 billion, up 32% year over year; 17% annual organic growth since Q3 2020. - TrueBridge Fundraising: Secondaries II final close raised more than $500 million (more than double Secondaries I); latest flagship primary vintage raised $851 million through end of September. - Cross-Sells: ~$1.7 billion since June 2024, roughly 15% of firmwide fundraising. - Borrowing Rate: SOFR plus 260 basis points. - Cash Tax Rate: High single-digit to low double-digit range expected for full year 2026; mid-teens for full year 2027. - Fully Diluted Shares Outstanding: ~129.2 million in Q3, including exchangeable partnership units. - Warning! GuruFocus has detected 3 Warning Signs with RPC. - Is RPC fairly valued? Test your thesis with our free DCF calculator. Release Date: November 04, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. - Fee-paying AUM reached $35.2 billion, up 2.4% sequentially and 21% year over year, driven by $1.3 billion of gross fundraising and deployment. - Year-to-date gross fundraising and deployment totaled nearly $4.5 billion, a record for Ridgepost Capital, with strong pipelines across multiple strategies. - TrueBridge's primary funds older than five years generated an average net IRR of 19.8%, and Secondaries I and Direct Fund III delivered net IRRs of 43% and 23%, respectively. - Cross-selling activity has increased significantly, with aggregate firmwide cross-sells since June 2024 totaling approximately $1.7 billion, or roughly 15% of firmwide fundraising, up from less than 5% at the 2024 Investor Day. - The business model is capital-light and fee-centric, with approximately 98% of fee-related revenue from management and advisory fees, and no direct exposure to realizations, providing stable and predictable earnings. - The core fee rate declined by one basis point sequentially to 99 basis points in Q3, due to seasonality in fundraising and the tax credit business. - Some fundraising activity shifted from Q3 to Q4, impacting the timing of fee recognition and contributing to the lower core fee rate. - The FRE margin came in at 48% for Q3 and 47% year-to-date, flat year-over-year, but the company continues to invest in the platform, which may limit margin expansion in the near term. - Net leverage stands at approximately 2.7 times following the Stellus acquisition, and the company is prioritizing deleveraging, which may constrain capital deployment flexibility. - The macro backdrop remains fluid, with muted credit deployment in Q3 due to interest rate moves, concerns around software/SaaS, and geopolitical issues, which could affect future fundraising and deployment. Q: How does the fourth quarter look from a fundraising, fee expiration, and step-down perspective, and were Stellus commitments delayed by the acquisition? A: CEO Luke Sarsfield said the Q4 fundraising pipeline remains very strong, with roughly 15 funds in the market across strategies including RCP, Qualitas, Bonaccord, Hark, and TrueBridge, and he expects tangible progress through year-end given typical positive seasonality. He noted no delays or disruptions at Stellus related to the acquisition, with the fourth fund and related separate accounts closed in April, and the firm anticipates returning to market with the fifth family of funds in 2027. CFO Amanda Coussens added that no large step-downs or expirations are expected in Q4, with the full-year figure still about 5% to 7%. Q: What is driving the recent variability in the core fee rate, and how should we think about the implied Q4 step-up and a normalized rate for 2027? A: CFO Amanda Coussens attributed the volatility to more pronounced seasonality in fundraising and the tax credit business, with some fundraising pushed from Q3 into Q4. She reiterated the full-year 2026 core fee rate expectation of approximately 103 basis points, implying a healthy Q4 step-up driven by the seasonally strong tax credit business and delayed fundraisers, and said 103 basis points is generally the expectation heading into 2027 as well. Q: Can you elaborate on cross-sell progress, your goals, and the steps being taken to accelerate it? A: CEO Luke Sarsfield clarified that about 15% of capital raised since the 2024 Investor Day has come from shared clients, up from less than 5% at the time of the Investor Day. He cited a base of over 5,000 clients, strong investment performance that keeps clients amenable to doing more, and improved technology architecture for client data integration. He added that a broader product suite, including Stellus in middle market direct lending, increases the chance of matching client interests, and while 15% is progress, there is more work to do in the quarters and years ahead. Q: How should we think about the FRE margin trajectory toward the 2029 target, and is more near-term spend expected? A: CEO Luke Sarsfield said the firm will continue to invest thoughtfully in the platform, including distribution, technology, and infrastructure, but stressed that margin is a laser focus and that profitable growth is critical to shareholders. He highlighted that the year-to-date FRE margin is effectively flat versus the first nine months of 2025 for the first time in a few years, with a similar full-year trend expected, and said it is reasonable to believe margins have troughed, though 2027 guidance was not provided. Q: What is the outlook for TrueBridge fund sizing and for the WTI venture debt franchise? A: CEO Luke Sarsfield declined to call specific fund sizes but confirmed the upward trajectory in TrueBridge's primary funds, where flagship successor funds have grown more than 20% on average vintage to vintage, along with acceleration in secondaries. On WTI, he said the current focus is on deploying the recently raised fund amid interesting opportunities in venture debt, and the firm will return to market with a successor fund when appropriate. Q: What drove fee-paying AUM growth in the third quarter, and how does the fundraising pipeline look? A: CEO Luke Sarsfield reported fee-paying AUM of $35.2 billion, up 2.4% sequentially and 21% year over year, or 11% excluding Stellus. Growth was driven by $1.3 billion of gross fundraising and deployment, including $475 million in venture capital, $450 million in private equity, and $385 million in private credit, with more than 15 funds in the market. Year-to-date gross fundraising and deployment reached nearly $4.5 billion, a record, keeping the firm on track for its $10 billion 2026-2027 target and $50 billion fee-paying AUM goal by year-end 2029. Q: What underpins the stability and consistency of Ridgepost's results? A: CEO Luke Sarsfield cited three factors: the contractual structure of the business, the complementary platform, and differentiated investment performance. He noted the majority of fee-paying AUM sits in drawdown funds with fees earned on committed capital, no investor-initiated redemptions, a weighted average remaining duration of about seven years, and roughly 98% of Q3 fee-related revenue from management and advisory fees, with no direct exposure to realizations. Q: How is capital being allocated, including buybacks, dividends, and deleveraging? A: CFO Amanda Coussens said the firm generated $86 million of adjusted net income and $75 million of GAAP operating cash flow through the first nine months, supporting the $0.04 quarterly dividend and offsetting dilution from annual employee stock issuance. Net leverage stood at approximately 2.7 times, on track to end the year in the mid-twos, and the firm repurchased nearly 1.8 million shares at an average of $8.36 per share for about $15 million in Q3, with the board approving an additional $30 million repurchase authorization. Q: What is the momentum at TrueBridge, and what drove the Secondaries II closing? A: CEO Luke Sarsfield said TrueBridge primary funds more than five years old have generated an average net IRR of 19.8%, while Secondaries I and Direct Fund III delivered net IRRs of 43% and 23%, respectively. Related fee-paying AUM reached $8.7 billion, up 32% year over year, and Secondaries II closed at more than $500 million, double its predecessor and raised in roughly one year, reflecting strong LP demand. The latest primary vintage raised $851 million through September, with the next vintage expected in early 2027. Q: What are the key financial assumptions for the remainder of 2026 and 2027? A: CFO Amanda Coussens said the borrowing rate on credit facilities is SOFR plus 260 basis points, the cash tax rate is expected in the high single-digit to low double-digit range for full-year 2026 and in the mid-teens for 2027, and fully diluted shares outstanding, including exchangeable partnership units, totaled approximately 129.2 million in Q3. She also noted direct and secondary catch-up fees are For the complete transcript of the earnings call, please refer to the full earnings call transcript.

DALLAS, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Ridgepost Capital, Inc. (NYSE: RPC) ("Ridgepost Capital"), a leading private markets solutions provider, today reported financial results for the third quarter ended September 30, 2026. A presentation of the quarterly financials is available at https://ir.ridgepostcapital.com/quarterly-results. "Ridgepost Capital delivered strong and consistent third-quarter results, as fee-paying AUM increased 21% year-over-year to more than $35 billion while margins through the first nine months of 2026 were stable year-over-year," said Luke Sarsfield, Ridgepost Capital Chairman and Chief Executive Officer. "Our results demonstrate the benefits of the One Ridgepost platform. We raised and deployed $1.3 billion of fee-paying AUM in the third quarter, bringing the year-to-date total to a new record of nearly $4.5 billion. Notably, since June 2024, cross-selling has contributed approximately $1.7 billion to firmwide fundraising, reflecting increased collaboration across our strategies. While the operating environment remains fluid, the contractual nature of our model, our complementary platform, and differentiated investment performance continue to drive consistency and strength in our results." Stock Repurchase Program During the third quarter, we repurchased approximately 1.78 million shares of our common stock at an average price of $8.36 per share, totaling approximately $15 million. On November 3, 2026, our Board of Directors approved a $30 million increase of the amount authorized under our share repurchase program, resulting in approximately $30 million of available repurchase authorization. Declaration of Dividend Our Board of Directors has declared a cash dividend of $0.04 per share of Class A and Class B common stock, payable on December 18, 2026, to stockholders of record as of November 30, 2026. Conference Call Details Ridgepost Capital will host a conference call to discuss third quarter 2026 financial results at 8:00 a.m. Eastern Time on Wednesday, November 4, 2026. This call will include the disclosure of certain information, including forward-looking information, which may be material to an investor's understanding of our business. All participants must register prior to joining the event. - To join and view the live webcast, please register here. - To join by telephone, please register here. For those unable to participate in the live event, a replay will be made available on Ridgepost Capital's investor relations page at www.ir.ridgepostcapital.com. About Ridgepost Capital Ridgepost Capital (NYSE: RPC) is a leading private markets solutions provider with over $50 billion in assets under management as of September 30, 2026. Ridgepost Capital invests across Private Equity, Private Credit, and Venture Capital in access-constrained strategies, with a focus on the middle and lower-middle market. Ridgepost Capital's products have a global investor base and aim to deliver compelling risk-adjusted returns. For additional information, please visit www.ridgepostcapital.com. Forward-Looking Statements Some of the statements in this release or on our conference call, which will be held at 8:00 a.m. Eastern Time on November 4, 2026, may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as "will," "expect," "believe," "estimate," "continue," "anticipate," "intend," "plan" and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management's current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance, and business. The inclusion of any forward-looking information in this release should not be regarded as a representation that the future plans, estimates, or expectations contemplated will be achieved. Forward-looking statements reflect management's current plans, estimates, and expectations, and are inherently uncertain. All forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors that may cause actual results to be materially different, including risks related to: global and domestic market and business conditions; successful execution of business and growth strategies; regulatory factors relevant to our business; changes in our tax status; our ability to maintain our fee structure; our ability to attract and retain key employees; our ability to manage our obligations under our debt agreements; our ability to make acquisitions and successfully integrate the businesses we acquire, including Stellus Capital Management, LLC; assumptions relating to our operations, financial results, financial condition, business prospects and growth strategy; the timing and amount of any share repurchases; and our ability to manage the effects of events outside of our control. The foregoing list of factors is not exhaustive. For more information regarding these risks and uncertainties as well as additional risks that we face, you should refer to the "Risk Factors" included in our annual report on Form 10-K for the year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission ("SEC") on February 27, 2026 and in our subsequent reports filed from time to time with the SEC. The forward-looking statements included in this release or on our conference call are made only as of the date such statements are made. We undertake no obligation to update or revise any forward-looking statement as a result of new information or future events, except as otherwise required by law. Key Financial & Operating Metrics FPAUM reflects the assets from which we earn management and advisory fees. Our vehicles typically earn management and advisory fees based on committed capital, and in certain cases, net invested capital, depending on the fee terms. Management and advisory fees based on committed capital are not affected by market appreciation or depreciation. AUM reflects the assets that we manage, and is calculated as the sum of: (i) net asset value ("NAV") of our clients' and funds' underlying investments as of the most recently available date; (ii) drawn and undrawn debt (excluding capital call lines); (iii) uncalled capital commitments (net of deferred purchase price and not in excess of total capital commitments, as applicable) as of the NAV record date; (iv) incremental commitments raised since NAV record date. In situations where NAV data is not available, such as with certain advisory relationships, we use FPAUM. Ridgepost Capital Investor Contact: Brian McKenna [email protected] Ridgepost Capital Media Contact: Prosek Partners [email protected]

Ridgepost Capital, Inc. (RPC) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.85%. A quarter ago, it was expected that this company would post earnings of $0.23 per share when it actually produced earnings of $0.24, delivering a surprise of +4.35%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Ridgepost Capital, Inc., which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $88.92 million for the quarter ended September 2026, missing the Zacks Consensus Estimate by 8.1%. This compares to year-ago revenues of $75.93 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Ridgepost Capital, Inc. shares have lost about 4.2% since the beginning of the year versus the S&P 500's gain of 10.6%. While Ridgepost Capital, Inc. has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Ridgepost Capital, Inc. was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.29 on $103.63 million in revenues for the coming quarter and $1.01 on $356.78 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Miscellaneous Services is currently in the bottom 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Sui Group Holdings Limited (SUIG), is yet to report results for the quarter ended September 2026. The results are expected to be released on November 5. This company is expected to post quarterly loss of $0.05 per share in its upcoming report, which represents a year-over-year change of -183.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Sui Group Holdings Limited's revenues are expected to be $0.7 million, down 30.7% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ridgepost Capital, Inc. (RPC) : Free Stock Analysis Report Sui Group Holdings Limited (SUIG) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Ridgepost Capital has seen its share price move around in recent years, and the question now is whether the current US$9.22 level lines up with what its earnings can reasonably support. For anyone considering the stock today, the key issue is how that earnings profile stacks up against the wider industry. - Over the past 5 years the share price has fallen 21.5%, which puts extra focus on whether the earnings power of Ridgepost Capital justifies sticking with the story from here. - The business model leans heavily on how efficiently it can turn its capital base into profits, so any change in return on equity or credit performance can shift what a fair earnings multiple looks like for this company. - There is a second opinion on Ridgepost Capital worth weighing. See what analysts think Ridgepost Capital's shares could be worth. The issue now is whether Ridgepost Capital's current price is reasonable when set against its recent earnings and the industry average. If you want to sanity check Ridgepost Capital against other opportunities where earnings and price are in focus, compare it with the 33 high quality undervalued stocks. The P/E lens suits Ridgepost Capital because investors are mainly paying for its earnings stream rather than asset break up value. On this measure, the stock trades on a P/E of about 37.1x, which is almost identical to the Capital Markets industry average of roughly 37.1x. That means the market is pricing Ridgepost Capital in line with the typical earnings valuation seen across similar businesses in the sector. Peer companies as a group trade on a much lower average multiple of about 11.6x, so Ridgepost Capital screens as more expensive against that narrower set of comparables. The closer match to the broader industry level suggests the share price is broadly about right against sector norms, and that investors are paying a sector standard rate for each dollar of profit the company currently generates. Explore the numbers behind Ridgepost Capital's P/E valuation. Ridgepost Capital's P/E raises a clear question for investors, and narratives are where that valuation puzzle gets unpacked into concrete assumptions about future growth, profitability and earnings power that would need to hold for the stock to be worth materially more or less than it is today. Rather than stopping at a single ratio or model output, these scenarios spell out the future that number depends on so you can watch how the actual business performance lines up over time. A clear, number-driven Narrative on Ridgepost Capital gives you a reference point for where its growth, margins and execution need to head to make the current P/E and share price range feel justified over time, rather than just relying on gut feel. It sets out testable assumptions that can be checked against future results so you can see whether the thesis behind holding or avoiding the stock is actually playing out. Share your own Narrative for Ridgepost Capital and set out the assumptions behind your valuation. Ridgepost Capital's valuation only tells you what the market pays for its profits, not who is steering the ship or how their pay influences decisions. See who runs Ridgepost Capital and how they are paid. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include RPC. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

The market expects Abacus Global Management, Inc. (ABX) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on November 5, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This company is expected to post quarterly earnings of $0.28 per share in its upcoming report, which represents a year-over-year change of +40%. Revenues are expected to be $77.19 million, up 22.6% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 3.51% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Abacus Global Management, Inc., the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%. On the other hand, the stock currently carries a Zacks Rank of #2. So, this combination makes it difficult to conclusively predict that Abacus Global Management, Inc. will beat the consensus EPS estimate. Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Abacus Global Management, Inc. would post earnings of $0.25 per share when it actually produced earnings of $0.28, delivering a surprise of +12.00%. Over the last four quarters, the company has beaten consensus EPS estimates three times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Abacus Global Management, Inc. doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Ridgepost Capital, Inc. (RPC), another stock in the Zacks Financial - Miscellaneous Services industry, is expected to report earnings per share of $0.26 for the quarter ended September 2026. This estimate points to a year-over-year change of +8.3%. Revenues for the quarter are expected to be $96.76 million, up 27.4% from the year-ago quarter. The consensus EPS estimate for Ridgepost Capital, Inc. has been revised 1.4% lower over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -1.27%. When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that Ridgepost Capital, Inc. will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Abacus Global Management, Inc. (ABX) : Free Stock Analysis Report Ridgepost Capital, Inc. (RPC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Strategy (MSTR) came out with quarterly earnings of $44.75 per share, beating the Zacks Consensus Estimate of $21.5 per share. This compares to earnings of $8.42 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +108.14%. A quarter ago, it was expected that this business software company would post earnings of $52.04 per share when it actually produced a loss of $24.45, delivering a surprise of -146.98%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Strategy, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $125.43 million for the quarter ended September 2026, missing the Zacks Consensus Estimate by 3.81%. This compares to year-ago revenues of $128.69 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Strategy shares have lost about 4.5% since the beginning of the year versus the S&P 500's gain of 13.1%. While Strategy has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Strategy was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $32.24 on $128.9 million in revenues for the coming quarter and -$15.60 on $503.53 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Miscellaneous Services is currently in the bottom 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Ridgepost Capital, Inc. (RPC), has yet to report results for the quarter ended September 2026. The results are expected to be released on November 4. This company is expected to post quarterly earnings of $0.26 per share in its upcoming report, which represents a year-over-year change of +8.3%. The consensus EPS estimate for the quarter has been revised 1.4% lower over the last 30 days to the current level. Ridgepost Capital, Inc.'s revenues are expected to be $96.76 million, up 27.4% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Strategy Inc (MSTR) : Free Stock Analysis Report Ridgepost Capital, Inc. (RPC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Wall Street expects a year-over-year increase in earnings on higher revenues when Ridgepost Capital, Inc. (RPC) reports results for the quarter ended September 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 4. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This company is expected to post quarterly earnings of $0.26 per share in its upcoming report, which represents a year-over-year change of +8.3%. Revenues are expected to be $96.76 million, up 27.4% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 1.43% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Ridgepost Capital, Inc., the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -1.27%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination makes it difficult to conclusively predict that Ridgepost Capital, Inc. will beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Ridgepost Capital, Inc. would post earnings of $0.23 per share when it actually produced earnings of $0.24, delivering a surprise of +4.35%. Over the last four quarters, the company has beaten consensus EPS estimates four times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Ridgepost Capital, Inc. doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ridgepost Capital, Inc. (RPC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Let’s dig into the relative performance of Ridgepost Capital (NYSE:RPC) and its peers as we unravel the now-completed Q2 custody bank earnings season. Custody banks safeguard financial assets and provide services like settlement, accounting, and regulatory compliance for institutional investors. Growth opportunities stem from increasing global assets under custody, demand for data analytics, and blockchain technology adoption for settlement efficiency. Challenges include fee pressure from large clients, substantial technology investment requirements, and competition from both traditional players and fintech firms entering the space. The 16 custody bank stocks we track reported a strong Q2. As a group, revenues beat analysts’ consensus estimates by 3.2%. Thankfully, share prices of the companies have been resilient as they are up 5.4% on average since the latest earnings results. Operating as a bridge between institutional investors and hard-to-access private market opportunities, Ridgepost Capital (NYSE:RPC) is an alternative asset management firm that provides access to private equity, venture capital, impact investing, and private credit opportunities in the middle and lower middle markets. Ridgepost Capital reported revenues of $81.28 million, up 11.5% year on year. This print exceeded analysts’ expectations by 3.6%. Overall, it was a strong quarter for the company with a beat of analysts’ EPS estimates. Investor expectations, however, were likely higher than Wall Street’s published projections, leaving some wishing for even better results (analysts’ consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 2.3% since reporting and currently trades at $8.84. Is now the time to buy Ridgepost Capital? Access our full analysis of the earnings results here, it’s free. With over $100 billion in assets under management and supervision, Hamilton Lane (NASDAQ:HLNE) is an investment management firm that specializes in private markets, offering advisory services and fund solutions to institutional and private wealth investors. Hamilton Lane reported revenues of $275.3 million, up 56.5% year on year, outperforming analysts’ expectations by 21%. The business had an incredible quarter with a beat of analysts’ EPS and AUM estimates. Hamilton Lane pulled off the biggest analyst estimate beat in the group. The market seems happy with the results as the stock is up 12.4% since reporting. It currently trades at $106.71. Is now the time to buy Hamilton Lane? Access our full analysis of the earnings results here, it’s free. Operating as both an advisor and asset manager with over $100 billion in assets under management, StepStone Group (NASDAQ:STEP) is an investment firm that provides clients with access to private market investments across private equity, real estate, private debt, and infrastructure. StepStone Group reported revenues of $300.6 million, up 26.6% year on year, falling short of analysts’ expectations by 3.9%. It was a softer quarter as it posted a significant miss of analysts’ EBITDA and AUM estimates. StepStone Group delivered the weakest performance against analyst estimates among its peers. As expected, the stock is down 1.1% since the results and currently trades at $49.77. Read our full analysis of StepStone Group’s results here. Founded in 1968 as Simulated Environments Inc. to train bank loan officers using computer simulations, SEI Investments (NASDAQ:SEIC) provides technology platforms, investment management, and operational solutions for financial institutions, wealth managers, and investors. SEI Investments reported revenues of $641.6 million, up 14.7% year on year. This result topped analysts’ expectations by 0.7%. Overall, it was a very strong quarter as it also recorded a beat of analysts’ EPS estimates and AUM in line with analysts’ estimates. The stock is up 12.5% since reporting and currently trades at $111.05. Read our full, actionable report on SEI Investments here, it’s free. Originally spun off from Dutch financial giant ING in 2013 and rebranded with a name suggesting "voyage," Voya Financial (NYSE:VOYA) provides workplace benefits and savings solutions to U.S. employers, helping their employees achieve better financial outcomes through retirement plans and insurance products. Voya Financial reported revenues of $1.88 billion, flat year on year. This number was in line with analysts’ expectations. Aside from that, it was a softer quarter as it logged a significant miss of analysts’ EPS estimates. Voya Financial had the slowest revenue growth of the whole group. The stock is down 2.8% since reporting and currently trades at $97.88. Read our full, actionable report on Voya Financial here, it’s free. Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership. Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products. By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals. Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.

Ridgepost Capital’s second quarter results reflected ongoing momentum in both fundraising and asset deployment, with management highlighting robust demand across its private markets investment strategies. The quarter’s performance was driven by continued growth in fee-paying assets under management, alongside successful capital raising and deployment, particularly in venture capital and direct investment funds. CEO Luke Sarsfield emphasized the importance of the firm’s diversified offerings and strong investment track record, pointing to the recent $1.5 billion raised by the TrueBridge venture team as an example of differentiated performance that resonated with institutional investors. The company also noted the impact of integrating newly acquired Stellus, which contributed to expanding Ridgepost Capital’s private credit origination pipeline. Is now the time to buy RPC? Find out in our full research report (it’s free). Revenue: $81.28 million vs analyst estimates of $78.48 million (11.5% year-on-year growth, 3.6% beat) Adjusted EPS: $0.24 vs analyst estimates of $0.23 (5.5% beat) Operating Margin: 21.8%, down from 24.3% in the same quarter last year Market Capitalization: $975.6 million While we enjoy listening to the management’s commentary, our favorite part of earnings calls is the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Joseph Tumillo (Morgan Stanley): asked about the timeline and steps necessary to achieve $500 million to $1 billion in incremental Stellus commitments. CEO Luke Sarsfield said it will take several years to fully realize, with near-term progress already underway through expanded GP relationships and collaborative integration. Joseph Tumillo (Morgan Stanley): also questioned future capital allocation and M&A strategy. EVP Arjay Jensen highlighted ongoing interest in European private credit, asset-backed platforms, and real assets, suggesting new acquisitions will focus on strategic fit and geographic expansion. Benjamin Budish (Barclays): inquired about the impact of Stellus on the firm’s fundraising and deployment targets. Sarsfield explained that Stellus’ recent fundraising cycle means near-term focus is on deployment rather than new capital raises, with future upside as deployment enables another fundraising cycle. Benjamin Budish (Barclays): sought clarification on FRE margin guidance post-acquisition. CFO Amanda Coussens confirmed a mid-40s margin target for the year, noting anticipated cost increases from placement agent fees and new hires but steady margin profile from Stellus’ business mix. Christoph Kotowski (Oppenheimer): asked about the cadence of flagship fund launches and ongoing fund pipeline. Sarsfield described a perpetual pipeline of 15–20 funds in market, with multiple flagship launches across strategies and additional launches expected in the coming quarters. In the coming quarters, our analysts will be watching (1) the pace at which Stellus’ origination funnel expands within Ridgepost Capital’s GP network, (2) progress in deploying recently raised capital across venture and private credit strategies, and (3) measurable efficiency gains from AI and automation initiatives. The success of ongoing flagship fund launches and the firm’s ability to maintain durable margins despite new investments will also be important markers of execution. Ridgepost Capital currently trades at $8.86, down from $9.04 just before the earnings. In the wake of this quarter, is it a buy or sell? See for yourself in our full research report (it’s free for active Edge members). WHILE YOU’RE HERE: Top 9 Market-Beating Stocks. The best stocks don’t just beat the market once. They do it again. And again. Robust revenue growth, rising free cash flow, returns on capital that leave their competition in the dust. The market has already rewarded these businesses. But our AI platform says the party isn’t over. Find out which 9 stocks made the cut this week — FREE. Get Our Top 9 Market-Beating Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,460% between June 2020 and June 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+1,154% between June 2020 and June 2025). Find your next big winner with StockStory today.