Affiliated Managers stock tanks after Q3 earnings disappoint
Affiliated Managers Group (NYSE:AMG) stock tumbled 8.5% in late morning trading on Monday after the investment firm's Q3 earnings fell short of the Wall Street consensus. Q3 economic EPS of $4.82, trailing the average analyst estimate of $4.
Affiliated Managers Group Reports Strong Q3 2024 Results
Affiliated Managers Group ( (AMG) ) has released its Q3 earnings. Here is a breakdown of the information Affiliated Managers Group presented to
Affiliated Managers: Q3 Earnings Snapshot
WEST PALM BEACH, Fla. — WEST PALM BEACH, Fla. — Affiliated Managers Group Inc. (AMG) on Monday reported third-quarter net income of $123.6 million. On a per-share basis, the West Palm Beach, Florida-based company said it had net income of $3.78. Earnings, adjusted for non-recurring costs, came to $4.82 per share.
Affiliated Managers' Q3 Earnings Meet Estimates, AUM Balance Improves
A higher AUM balance supports AMG's Q3 earnings. On the other hand, a decline in revenues and an increase in expenses act as spoilsports.
Weis: Q3 Earnings Snapshot
(WMK) on Tuesday
Sequans: Q3 Earnings Snapshot
Sequans: Q3 Earnings Snapshot
Innospec: Q3 Earnings Snapshot
(IOSP) on Tuesday reported earnings of $33.4 million in its third quarter. The Englewood, Colorado-based company said it had profit of $1.33 per share. Earnings, adjusted for non-recurring costs, came to $1.
VTEX: Q3 Earnings Snapshot
VTEX (VTEX) on Tuesday reported profit of $3.2 million
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TD Cowen Downgrades Affiliated Managers Group, Inc. - Corporate Bond (MGRB)
Fintel reports that on November 5, 2024, TD Cowen downgraded their outlook for Affiliated Managers Group, Inc. - Corporate ...
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Affiliated Managers Group Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag
Revenue: US$516.4m (down 1.7% from 3Q 2023). Net income: US$123.6m (down 43% from 3Q 2023). Profit margin: 24% (down from 41% ...
Affiliated Managers downgraded to Hold from Buy at TD Cowen
TD Cowen analyst Bill Katz downgraded Affiliated Managers (AMG) to Hold from Buy with a price target of $177, down from $226. Published first ...
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TD Cowen Downgrades Affiliated Managers Group (AMG)
Fintel reports that on November 5, 2024, TD Cowen downgraded their outlook for Affiliated Managers Group (NYSE:AMG) from Buy ...
Assenagon Asset Management S.A. Raises Stake in Affiliated Managers Group, Inc. (NYSE:AMG)
Assenagon Asset Management S.A. raised its holdings in Affiliated Managers Group, Inc. (NYSE:AMG – Free Report) by 43.2% ...
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What's in the Cards for Affiliated Managers in Q3 Earnings?
Affiliated Managers Group Inc. AMG is slated to announce third-quarter 2024 results on Nov. 4, before the opening bell. Its earnings are expected to have increased year-over-year, while revenues ...
Affiliated Managers price target lowered to $204 from $219 at Deutsche Bank
Deutsche Bank lowered the firm’s price target on Affiliated Managers (AMG) to $204 from $219 and keeps a Buy rating on the shares ...
Teradata Reports Third Quarter 2024 Financial Results
Teradata (NYSE: TDC) today announced its third quarter 2024 financial results. "In the third quarter, we grew our cloud business, delivered innovations that strengthen our market position, and added ...