AssetMark Financial Holdings Inc expected to post earnings of 40  cents a share - Earnings Preview

AssetMark Financial Holdings

22/07/2022 14:00

* AssetMark Financial Holdings Inc  AMK.N   AMK  is expected
to show a rise in quarterly revenue when it reports  results on
August 3. 
    * The Concord California-based  company is expected to
report  a
35.3% increase in revenue to $123.642 million from $91.36
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for AssetMark Financial
Holdings Inc is for earnings of 40 cents per share. For the same
quarter last year, the company reported earnings of 36 cents per
share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"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 $25​, above​ its last closing price
of $18.74. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.38        0.38       0.39      Beat    2.4
 Dec. 31 2022  0.34        0.34       0.34      Met     -1.1
 Sep. 30 2021  0.38        0.38       0.40      Beat    6.1​
 Jun. 30 2021  0.33        0.33       0.36      Beat    8.4
 ​​Mar.        0.31        0.31       0.30      Missed  -3.1
 31 2021                                                
 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
 This summary was machine generated July 22 at 13:00 GMT.  All
figures in US dollars  unless otherwise stated