Artisan Partners Asset Management Inc reports results for the quarter ended December 31 - Earnings Summary

Artisan Partners Asset Management

05/02/2025 24:44

* Artisan Partners Asset Management Inc  APAM.N  reported
quarterly adjusted earnings of $1.05​​ per share for the quarter
ended December 31, higher than the same quarter last year, when
the company reported EPS of 78 cents.  The mean expectation of
four analysts for the quarter was for earnings of 96 cents per
share. Wall Street expected results to range from 91 cents to 98
cents per share.
    * Revenue rose 19.3% to $297.00 million from a year ago;
analysts
expected $292.70 million. 
    * The company reported quarterly net income of $69.7
million.
    * Artisan Partners Asset Management Inc shares had risen
by 1.6%
this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.5%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the investment
management & fund operators peer group is also "hold"

Wall Street's median 12-month price target for Artisan Partners
Asset Management Inc is $41.00 
This summary was machine generated from LSEG data February 5 at
12:43 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.96           1.05           Beat
 Sep. 30 2024      0.90           0.92           Beat
 Jun. 30 2024      0.85           0.82           Missed
 Mar. 31 2024      0.77           0.76           Missed