Burford Capital Ltd. (BUR) stock plummeted 5.04% in the pre-market trading session on Tuesday, despite reporting record-high cash realizations and net realized gains for the fiscal year 2024.
The legal finance firm achieved $327 million in net realized gains, marking a substantial 75% increase from the previous year. Additionally, the company reported a robust Return on Invested Capital (ROIC) of 108% for 2024, surpassing historical averages.
However, Burford Capital also disclosed unrealized losses for the year, primarily driven by discount rate volatility. This factor, coupled with ongoing uncertainties surrounding the YPF-related assets and challenges in balancing portfolio activity with new business generation, appears to have contributed to the stock's pre-market decline.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。