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AAMI Acadian Asset Management News Story

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Acadian Asset Management Inc reports results for the quarter ended December 31 - Earnings Summary

* Acadian Asset Management Inc  AAMI.N  reported quarterly
adjusted earnings of $1.30​​ per share for the quarter ended
December 31, higher than the same quarter last year, when the
company reported EPS of 77 cents.  The mean expectation of
three analysts for the quarter was for earnings of 93 cents per
share. Wall Street expected results to range from 88 cents
to $1.03 per share.
    * Revenue rose 28.1% to $167.80 million from a year ago;
analysts
expected $146.20 million. 
    * Acadian Asset Management Inc shares had fallen by 8.3%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the investment
management & fund operators peer group is also "hold"

Wall Street's median 12-month price target for Acadian Asset
Management Inc is $27.00 
This summary was machine generated from LSEG data February 6 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.93           1.30           Beat
 Sep. 30 2024      0.48           0.59           Beat
 Jun. 30 2024      0.42           0.45           Beat
 Mar. 31 2024      0.41           0.44           Beat

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