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

AssetMark Financial Holdings

29/04/2022 07:23

* AssetMark Financial Holdings Inc  AMK.N  reported
quarterly
adjusted earnings of 39 cents​​ per share for the quarter ended
in March. The mean expectation of seven analysts for the quarter
was for earnings of 38 cents per share.
    * Revenue rose 80.3% to $148.30 million from a year ago; 
analysts
expected $114.49 million. 
    * AssetMark Financial Holdings Inc's reported EPS for the
quarter
was 30 cents​.
    * The mean earnings estimate of analysts had fallen by
about 3% in
the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * AssetMark Financial Holdings Inc shares had fallen by 7.1%
this
quarter and lost 21.1% so far this year.
    * The company reported quarterly net income of $22.22
million.
    * Wall Street's median 12-month price target for AssetMark
Financial Holdings Inc is $33.50 
    * 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." 

This summary was machine generated April 29 at 06:23 a.m.  ​All
figures in US dollars unless otherwise stated