Asset management firm AMG misses Q3 revenue estimates

Affiliated Managers

03/11/2025 12:07

Overview

AMG Q3 revenue missed analyst expectations, while adjusted EBITDA beat estimates

Economic EPS for Q3 grew 27% yr/yr, reflecting strong capital allocation

Company reported $9 bln in net client cash inflows, driven by alternative strategies

Outlook

AMG plans to leverage strong cash flow for growth investments

Company sees opportunities to enhance long-term growth prospects

AMG collaborates with BBH to develop new U.S. wealth products

Result Drivers

ALTERNATIVE STRATEGIES - Strong client demand for alternative strategies drove $9 bln in net client cash inflows in Q3

STRATEGIC COLLABORATION - Collaboration with BBH enhances AMG's position as a leading sponsor of alternative strategies for U.S. wealth market

CAPITAL ALLOCATION - Disciplined capital allocation strategy contributed to 27% growth in Economic EPS

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$528 mln
$545.20 mln (4 Analysts)
Q3 EPS
$6.87
Q3 Net Income
$212.40 mln
Q3 Adjusted EBITDA
Beat
$250.90 mln
$229.70 mln (4 Analysts)
Q3 Assets Under Management
$803.60 bln


Press Release: ID:nGNX9WgBPb

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)