AssetMark Financial Holdings Inc expected to post earnings of 33 cents a share - Earnings Preview

AssetMark Financial Holdings

27/07/2021 03:01

* AssetMark Financial Holdings Inc  AMK.N   AMK  is expected
to show a rise in quarterly revenue when it reports results on
July 28. 
* The Concord, California-based company is expected to report 
 a 27.4% increase in revenue to $87.397 million from $68.61
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for AssetMark Financial
Holdings Inc is for earnings of 33 cents per share. For the same
quarter last year, the company reported earnings of 21 cents per
share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "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 AssetMark
Financial Holdings Inc is $31​, about 18% above​ its last
closing price of $25.41. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.31        0.31       0.30      Missed  -3.1
 Dec. 31 2020  0.27        0.26       0.31      Beat    17.1
 Sep. 30 2020  0.24        0.24       0.25      Beat    3.7​
 Jun. 30 2020  0.22        0.22       0.21      Missed  -4.7
 Mar.          0.27​       0.27       0.24      Missed  -11.8​
 31​ 2020​                                              
 Dec. 31 2019  0.26        0.26       0.27      Beat    2.9​
 Sep. 30 2019  0.25        0.25       0.25      Met     1.4
 Jun. 30 2019  0.23        0.23       0.25      Beat    9.9
 This summary was machine generated July 27 at 02:01 GMT.  All
figures in US dollars unless otherwise stated