Affiliated Managers (AMG) is well poised with successful partnerships, and a strong liquidity position. However, elevated expenses and a rise in net outflows are headwinds.
Affiliated Managers Group Inc. (NYSE:AMG ) Q1 2023 Results Conference Call May 1, 2023 8:30 AM ET Company Participants Patricia Figueroa - IR Jay Horgen - CEO Tom Wojcik - CFO Conference Call Particip
Affiliated Managers Group (AMG) came out with quarterly earnings of $4.18 per share, beating the Zacks Consensus Estimate of $4.15 per share. This compares to earnings of $4.65 per share a year ago.
A decline in expenses supports Affiliated Managers' (AMG) Q1 earnings, while lower revenues and a fall in AUM balance act as headwinds.
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AMG vs. TROW: Which Stock Is the Better Value Option?
AMG's adjusted AUM grew by a decent +6% QoQ in Q4 2022, excluding the effects of the company's disposal of its interest in a private equity firm. The company's Q4 2022 bottom line increased by +19% Yo
Affiliated Managers Group, Inc. (NYSE:AMG ) Q4 2022 Earnings Conference Call February 6, 2023 8:30 AM ET Company Participants Patricia Figueroa - Head of Investor Relations Jay Horgen - President and
Affiliated Managers (AMG) delivered earnings and revenue surprises of 3.56% and 9.98%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Francisco Garcia Parames (Trades, Portfolio), founder and leader of Spanish investment firm Cobas Asset Management, disclosed his fourth-quarter equity portfolio earlier this month.
Affiliated Managers (AMG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Affiliated Managers (AMG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
AMG vs. TROW: Which Stock Is the Better Value Option?
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