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Raising Our Price Target On INTL FCStone To $39

2015-12-21 21:12:07| Telecom - Topix.net

Diluted earnings per share rose 260% to a record $1.09 in Q4 2015, greatly exceeding our estimate of $0.66. Operating revenue surged 37% in Q4 2015 to $178.7 million, from $130.6 million in Q4 2014 , driven by strong performance across all business segments, led by the Securities and the Global Payments segments which grew 84% and 64%, respectively.

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