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

Acadian Asset Management

01/05/2025 14:33

Acadian Asset Management Inc AAMI.N reported quarterly adjusted earnings of 54 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 44 cents.  The mean expectation of three analysts for the quarter was for earnings of 52 cents per share. Wall Street expected results to range from 49 cents to 54 cents per share.

Revenue rose 13.4% to $119.90 million from a year ago; analysts expected $111.30 million.

Acadian Asset Management Inc shares had risen by 4.2% this quarter and gained 2.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.3% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and no "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 $25.00

This summary was machine generated from LSEG data May 1 at 01:32 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
Mar. 31 2025
0.52
0.54
Beat
Dec. 31 2024
0.93
1.30
Beat
Sep. 30 2024
0.48
0.59
Beat
Jun. 30 2024
0.42
0.45
Beat