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Diamond Hill Investment Group: 3Q Earnings Snapshot

COLUMBUS, Ohio (AP) _ Diamond Hill Investment Group Inc. (DHIL) on Tuesday reported third-quarter net income of $11.4 million.

The company, based in Columbus, Ohio, said it had earnings of $3.35 per share. Earnings, adjusted for non-recurring gains, came to $2.83 per share.

The investment company posted revenue of $34.6 million in the period. Its revenue net of interest expense was $34.6 million, beating Street forecasts.

Diamond Hill Investment Group shares have declined nearly 9% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $136.36, a fall of 19% in the last 12 months.


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