AssetMark Financial Holdings Inc reports results for the quarter ended in December - Earnings Summary

AssetMark Financial Holdings

23/02/2023 24:47

* AssetMark Financial Holdings Inc  AMK.N  reported
quarterly
adjusted earnings of 46 cents​​ per share for the quarter ended
in December. The mean expectation of seven analysts for the
quarter was for earnings of 44 cents per share.
    * Revenue rose 14.3% to $164.13 million from a year ago;
analysts
expected $150.08 million. 
    * AssetMark Financial Holdings Inc's reported EPS for the
quarter
was 35 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * AssetMark Financial Holdings Inc shares had risen by 16.3%
this
quarter.
    * The company reported quarterly net income of $25.59
million.
    * Wall Street's median 12-month price target for AssetMark
Financial Holdings Inc is $28.00 
    * 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." 

This summary was machine generated from Refinitiv data February
23 at 12:47 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.44           0.46           Beat
 Sep. 30 2022      0.42           0.47           Beat
 Jun. 30 2022      0.41           0.44           Beat
 Mar. 31 2022      0.38           0.39           Beat