AssetMark Financial Holdings Inc expected to post earnings of 57  cents a share - Earnings Preview

AssetMark Financial Holdings

01/08/2023 03:03

* AssetMark Financial Holdings Inc  AMK.N   AMK  is expected
to show a fall in quarterly revenue when it reports  results on
August 2. 
    * The Concord California-based  company is expected to
report  a
8.4% decrease in revenue to $138.461 million from $151.21
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 57 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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 $33​, above​ its last closing price
of $29.90. ​​​

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 2023  0.53        0.54       0.53      Missed  -1.4
 Dec. 31 2023  0.44        0.44       0.46      Beat    5
 Sep. 30 2022  0.41        0.42       0.47      Beat    12.4​
 Jun. 30 2022  0.40        0.41       0.44      Beat    8.6
 ​​Mar.        0.38        0.38       0.39      Beat    2.4
 31 2022                                                
 Dec. 31 2021  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
 This summary was machine generated August 1 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated