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

Artisan Partners Asset Management

29/04/2025 23:18

Artisan Partners Asset Management Inc APAM.N reported quarterly adjusted earnings of 83 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 76 cents.  The mean expectation of four analysts for the quarter was for earnings of 75 cents per share. Wall Street expected results to range from 74 cents to 76 cents per share.

Revenue rose 4.8% to $277.10 million from a year ago; analysts expected $279.90 million.

The company reported quarterly net income of $61.1 million.

Artisan Partners Asset Management Inc shares had fallen by 4.8% this quarter and lost 12.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 3.5% in the last three months.​

In the last 30 days, two 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 $37.50

This summary was machine generated from LSEG data April 29 at 10:17 p.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
Mar. 31 2025
0.75
0.83
Beat
Dec. 31 2024
0.96
1.05
Beat
Sep. 30 2024
0.90
0.92
Beat
Jun. 30 2024
0.85
0.82
Missed