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Diamond Hill Investment Group: 1Q Earnings Snapshot

COLUMBUS, Ohio (AP) _ Diamond Hill Investment Group Inc. (DHIL) on Wednesday reported first-quarter earnings of $16.9 million.

The Columbus, Ohio-based company said it had earnings of $4.84 per share. Earnings, adjusted for non-recurring gains, were $2.88 per share.

The investment company posted revenue of $32.6 million in the period. Its revenue net of interest expense was $32.6 million, topping Street forecasts.

Diamond Hill Investment Group shares have declined 3% since the beginning of the year. The stock has declined 26% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DHIL at https://www.zacks.com/ap/DHIL