• Patria Investments Ltd PAX.OQ reported quarterly adjusted earnings of 23 cents​​ per share for the quarter ended January 1, identical to the same quarter last year. The mean expectation of three analysts for the quarter was for earnings of 24 cents per share. Wall Street expected results to range from 24 cents to 25 cents per share.

• Revenue rose 22.8% to $78.00 million from a year ago; analysts expected $76.06 million.

• Patria Investments Ltd's reported EPS for the quarter was 1 cent​.

• Patria Investments Ltd shares had risen by 6.1% this quarter and lost 23.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 20.7% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the investment management & fund operators peer group is also "buy"

Wall Street's median 12-month price target for Patria Investments Ltd is 14.00

This summary was machine generated from LSEG data November 6 at 05:06 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)