Artisan Partners Asset Management Inc expected to post earnings of 77 cents a share - Earnings Preview

Artisan Partners Asset Management

19/04/2024 22:32

* Artisan Partners Asset Management Inc  APAM.N   APAM.K  is
expected to show a rise in quarterly revenue when it reports 
results on April 23 for the period ending March 31 2024
    * The Milwaukee Wisconsin-based  company is expected to
report a
15.5% increase in revenue to $270.9 million from $234.5 million
a year ago, according to the estimate from one analyst, 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 77 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 had fallen by
about 0.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Artisan
Partners
Asset Management Inc is $43.00​, above​ its last closing price
of $42.62. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.76        0.74       0.78      Beat    5.9
 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.        0.62        0.62       0.65      Beat    4.3
 31 2022                                                
 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. 31 2022  1.04        1.03       0.98      Missed  -4.9
 This summary was machine generated April 19 at 21:32 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)