Affiliated Managers Group (NYSE: AMG) has announced that it will be unveiling its third quarter financial results on Monday 4th November 2024. This eagerly anticipated announcement is scheduled to occur before market open, ensuring that investors and analysts have the opportunity to gain valuable insights into the company's performance during the quarter.
According to financial analysts on Wall Street, the firm is likely to announce an estimated per share $4.84 profit for the quarter. Additionally, the company is anticipated to reveal a total revenue of $521.87 million during this period.
Wall Street analysts have provided their insights on the company's performance for the year, forecasting a total revenue of $2.05 billion. Additionally, they anticipate the earnings per share to reach profit of $22.09 during the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $4.08. This figure was a result of the company's total revenue, which reached an impressive $525.2 million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $4.67 | +4.9% | 500.30 M | -2.4% |
| Q1 2024 | $5.37 | +28.5% | 499.90 M | -3.4% |
| Q4 2023 | $6.86 | -5.8% | 502.70 M | -6.8% |
| Q3 2023 | $4.08 | -3.1% | 525.20 M | -9.2% |
| Q2 2023 | $4.45 | +10.4% | 512.50 M | -15.2% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 4th November 2024 at 08:30 AM eastern time, in a conference call with public.
Affiliated Managers Group (AMG) closed Friday's regular trading session at $193.81, demonstrating a 0.05 percent decline, with a volume of 299.40 thousand shares.
