AssetMark Financial Holdings Inc expected to post earnings of 58  cents a share - Earnings Preview

AssetMark Financial Holdings

04/11/2023 24:58

* AssetMark Financial Holdings Inc  AMK.N   AMK  is expected
to show a fall in quarterly revenue when it reports  results on
November 6. 
    * The Concord California-based  company is expected to
report  a
9.2% decrease in revenue to $140.39 million from $154.66 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for AssetMark Financial
Holdings Inc is for earnings of 58 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $32.45​, above​ its last closing price
of $24.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.57        0.57       0.55      Missed  -3.5
 Mar. 31 2023  0.53        0.54       0.53      Missed  -1.4
 Dec. 31 2022  0.44        0.44       0.46      Beat    5​
 Sep. 30 2022  0.41        0.42       0.47      Beat    12.4
 ​​Jun.        0.40        0.41       0.44      Beat    8.6
 30 2022                                                
 Mar. 31 2022  0.38        0.38       0.39      Beat    2.4​
 Dec. 31 2021  0.34        0.34       0.34      Met     -1.1
 Sep. 30 2021  0.38        0.38       0.40      Beat    6.1
 This summary was machine generated November 4 at 00:58 GMT.  All
figures in US dollars  unless otherwise stated