Abacus Global Management (NYSE:ABX) Releases Earnings Results, Misses Expectations By $0.01 EPS

Abacus Global Management (NYSE:ABX) posted its quarterly earnings data on Thursday. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.01), FiscalAI reports. Abacus Global Management had a return on equity of 19.96% and a net margin of 15.63%.The company had revenue of $59.39 million during the quarter. Abacus Global Management updated its Q2 2026 guidance to 0.240-0.26 EPS and its FY 2026 guidance to 1.000-1.05 EPS.

Abacus Global Management Price Performance

Shares of Abacus Global Management stock traded down $0.35 during trading on Friday, reaching $9.04. 990,340 shares of the stock traded hands, compared to its average volume of 501,576. The firm has a market cap of $872.24 million, a P/E ratio of 23.17 and a beta of 0.11. The firm’s fifty day moving average price is $9.09. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.47 and a quick ratio of 0.47. Abacus Global Management has a 52-week low of $4.60 and a 52-week high of $10.53.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on ABX shares. Wall Street Zen downgraded Abacus Global Management from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Piper Sandler reaffirmed a “neutral” rating and issued a $10.00 price objective on shares of Abacus Global Management in a research note on Friday. Zacks Research cut Abacus Global Management from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 28th. Finally, Weiss Ratings started coverage on Abacus Global Management in a research note on Thursday, January 29th. They set a “hold (c-)” rating for the company. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, Abacus Global Management currently has an average rating of “Hold” and a consensus target price of $10.00.

Hedge Funds Weigh In On Abacus Global Management

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. purchased a new stake in Abacus Global Management during the fourth quarter valued at $30,000. Bank of New York Mellon Corp grew its stake in shares of Abacus Global Management by 5.1% in the 1st quarter. Bank of New York Mellon Corp now owns 152,101 shares of the company’s stock worth $1,199,000 after buying an additional 7,444 shares in the last quarter. New York State Common Retirement Fund bought a new stake in shares of Abacus Global Management in the 4th quarter worth about $75,000. Police & Firemen s Retirement System of New Jersey bought a new position in shares of Abacus Global Management in the 4th quarter valued at about $83,000. Finally, Summit Wealth & Retirement Planning Inc. bought a new position in shares of Abacus Global Management in the 4th quarter valued at about $86,000.

Key Stories Impacting Abacus Global Management

Here are the key news stories impacting Abacus Global Management this week:

• Positive Sentiment: ABX raised its full-year 2026 adjusted net income guidance to $100 million–$106 million and boosted full-year adjusted EPS guidance to $1.00–$1.05, both above Wall Street expectations. Abacus Global Management, Inc. Reports First Quarter 2026 Results
• Positive Sentiment: First-quarter revenue rose 35% year over year to $59.4 million, supported by strong growth in the company’s Life Solutions and longevity-focused investment businesses. Abacus Global Management raises 2026 profit outlook after reporting Q1 revenue jump
• Positive Sentiment: Operating cash flow improved sharply to $91.7 million, while adjusted net income increased 17% and adjusted EBITDA climbed 33.3% year over year, signaling stronger underlying profitability. Abacus Global Management, Inc. Reports First Quarter 2026 Results
• Neutral Sentiment: The company guided second-quarter 2026 adjusted EPS to $0.24–$0.26, roughly in line with consensus, suggesting near-term expectations are steady. Abacus Global Management, Inc. Reports First Quarter 2026 Results
• Negative Sentiment: Q1 earnings of $0.20 per share missed the $0.21 consensus estimate, and the earnings report also fell slightly short on revenue versus expectations, which likely weighed on the stock. Abacus Global Management, Inc. (ABX) Q1 Earnings and Revenues Miss Estimates

Abacus Global Management Company Profile

Abacus Life, Inc operates as an alternative asset manager specializing in life insurance products. It purchases life insurance policies from consumers seeking liquidity and manages policies over time via trading, holding, and/or servicing. The company was founded in 2004 and is based in Orlando, Florida.