Brightsphere Investment Group Inc expected to post earnings of 42 cents a share - Earnings Preview

Acadian Asset Management

30/07/2024 19:53

* Brightsphere Investment Group Inc  BSIG.N   BSIG.K  is
expected
to show a rise in quarterly revenue when it reports  results on
August 1 for the period ending June 30 2024
    * The Boston Massachusetts-based  company is expected to
report a
8.9% increase in revenue to $104.9 million from $96.3 million a
year ago, according to the estimate from one analyst, based on
LSEG data. (Revenue is ENI Revenue)
    * ​LSEG's mean analyst estimate for Brightsphere Investment
Group
Inc is for earnings of 42 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 18.1%
in the last three months. ​
    * Wall Street's median 12-month price target for
Brightsphere
Investment Group Inc is $24.00​, below​ its last closing price
of $25.75. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.44        0.41       0.44      Beat    6.5
 Dec. 31 2024  0.58        0.58       0.77      Beat    32
 Sep. 30 2023  0.29        0.30       0.45      Beat    51.7​
 Jun. 30 2023  0.28        0.27       0.28      Beat    0
 ​​Mar.        0.27        0.27       0.28      Beat    3.7
 31 2023                                                
 Dec. 31 2022  0.42        0.37       0.67      Beat    81.1​
 Sep. 30 2022  0.29        0.30       0.30      Met     1.7
 Jun. 30 2022  0.37        0.38       0.41      Beat    7
 This summary was machine generated July 30 at 18:53 GMT.  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)