Artisan Partners Asset Management Inc expected to post earnings of 73  cents a share - Earnings Preview

Artisan Partners Asset Management

28/07/2023 21:59

* Artisan Partners Asset Management Inc  APAM.N   APAM.K  is
expected to show a fall in quarterly revenue when it reports 
results on August 1. 
    * The Milwaukee Wisconsin-based  company is expected to
report  a
2.4% decrease in revenue to $245.45 million from $251.6 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Artisan Partners
Asset
Management Inc is for earnings of 73 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 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Artisan
Partners
Asset Management Inc is $37.5​, below​ its last closing price
of $41.14. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.62        0.61       0.64      Beat    4.4
 Dec. 31 2023  0.62        0.62       0.65      Beat    4.3
 Sep. 30 2022  0.69        0.68       0.70      Beat    2.7​
 Jun. 30 2022  0.86        0.86       0.79      Missed  -7.7
 ​​Mar.        1.04        1.03       0.98      Missed  -4.9
 31 2022                                                
 Dec. 31 2021  1.28        1.28       1.29      Beat    1.2​
 Sep. 30 2021  1.32        1.32       1.33      Beat    1.1
 Jun. 30 2021  1.27        1.25       1.28      Beat    2.5
 This summary was machine generated July 28 at 20:59 GMT.  All
figures in US dollars  unless otherwise stated