Affiliated Managers up after Q3 profit beat
06/11/2023 19:14
** Asset manager Affiliated Managers Group's AMG.N shares
rise 2.2% to $130.79
** Company reports Q3 adj profit of $4.08/shr vs est
$3.75/shr - LSEG data
** Posts Q3 revenue of $525.2 mln vs est $509.4 mln
** Forecasts Q4 adj profit $5.43-$5.96/shr
** Company says it is still seeing lots of uncertainty in
the market particularly with respect to equities
** As of last close, company's shares down ~19% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)