Affiliated Managers Group, Inc. (NYSE:AMG) Q3 2024 Earnings Call Transcript
Q3 2024 Earnings Call Transcript November 4, 2024 Affiliated Managers Group, Inc. misses on earnings expectations. Reported EPS is $3.51 EPS, expectations were $4.84. Operator: Greetings, and welcome to the AMG Third Quarter 2024 Earnings Call.
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
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 to Hold. Analyst Price Forecast Suggests 21.97% Upside As of October 22, 2024,
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' 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.
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 Group (AMG) Meets Q3 Earnings Estimates
Affiliated Managers Group (AMG) came out with quarterly earnings of $4.82 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $4.08 per share a year ago. These ...
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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% ...
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Affiliated Managers Group: Unfavorable Outlook Is Priced In (Rating Downgrade)
I downgrade my rating for Affiliated Managers Group to a Hold after evaluating the stock's financial outlook and valuation metrics. AMG's Q3 2024 financial results and Q4 2024 guidance failed to ...
Deutsche Bank Aktiengesellschaft Has Lowered Expectations for Affiliated Managers Group (NYSE:AMG) Stock Price
Affiliated Managers Group (NYSE:AMG – Get Free Report) had its price objective cut by analysts at Deutsche Bank Aktiengesellschaft from $219.00 to $204.00 in a research note issued to investors on ...
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Key Takeaways From Affiliated Managers Group Analyst Ratings
Affiliated Managers Group AMG underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. In the table below, you'll find a summary of their ...
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 ...