Artisan Partners Asset Management Inc expected to post earnings of 74 cents a share - Earnings Preview

Artisan Partners Asset Management

26/01/2024 22:57

* Artisan Partners Asset Management Inc  APAM.N   APAM.K  is
expected to show a rise in quarterly revenue when it reports 
results on January 30 for the period ending December 31 2023
    * The Milwaukee Wisconsin-based  company is expected to
report a
10.4% increase in revenue to $249.6 million from $226 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data. (Sales/Revenue Majority Basis is on Total Revenue)
    * ​LSEG's mean analyst estimate for Artisan Partners Asset
Management Inc is for earnings of 74 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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 $41.00​, below​ its last closing price
of $41.68. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.74        0.74       0.75      Beat    1
 Jun. 30 2023  0.73        0.73       0.71      Missed  -3.1
 Mar. 31 2023  0.62        0.61       0.64      Beat    4.4​
 Dec. 31 2022  0.62        0.62       0.65      Beat    4.3
 ​​Sep.        0.69        0.68       0.70      Beat    2.7
 30 2022                                                
 Jun. 30 2022  0.86        0.86       0.79      Missed  -7.7​
 Mar. 31 2022  1.04        1.03       0.98      Missed  -4.9
 Dec. 31 2021  1.28        1.28       1.29      Beat    1.2
 This summary was machine generated January 26 at 22:57 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)