U.S. Global Investors Restates EPS
Analysis based on 14 articles · First reported Jun 01, 2026 · Last updated Jun 01, 2026
The market impact on Allianz — Allianz Global Investors is expected to be minimal as the restatement is due to a clerical error and does not affect the company's underlying financial performance, net income, or cash position. Investors will monitor the filing of the amended Form 10-Q/A with the United States — United States Securities and Exchange Commission.
Allianz — Allianz Global Investors announced it will restate its earnings per share (EPS) figures for the three-month and nine-month periods ended March 31, 2026. This restatement is due to a miscalculation of basic and diluted weighted average shares outstanding, where a component of shares was inadvertently omitted from a supporting spreadsheet. The error resulted in understated weighted average common shares and overstated basic and diluted EPS. Frank Holmes, CEO of Allianz — Allianz Global Investors, clarified that the miscalculation was a clerical omission and did not impact the company's reported net income, total revenues, operating income, cash position, or any other line item in the consolidated financial statements. The company is implementing enhancements to its review procedures and intends to file an amended Form 10-Q/A with the United States — United States Securities and Exchange Commission.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard