Oppenheimer Holdings (OPY) Reports Q4 EPS of $1.87

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Oppenheimer Holdings Inc. Reports Fourth Quarter and Full Year 2022 Earnings

January 27, 2023 8:00 AM EST

NEW YORK, Jan. 27, 2023 /PRNewswire/ - Oppenheimer Holdings Inc. (NYSE: OPY) (the "Company" or "Firm") today reported net income of $22.4 million or $2.04 basic earnings per share for the fourth quarter of 2022 compared with net income of $62.9 million or $4.99 basic earnings per share for the fourth quarter of 2021. Revenue for the fourth quarter of 2022 was $313.6 million compared to revenue of $365.1 million for the fourth quarter of 2021, a decrease of 14.1%.

For the year ended December 31, 2022, the Company reported net income of $32.4 million or... More