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.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。