Silvercrest Asset Management Group Inc expected to post earnings of 37  cents a share - Earnings Preview

Silvercrest Asset Management

03/05/2023 19:31

* Silvercrest Asset Management Group Inc  SAMG.OQ 
 SAMG.O  is
expected to show a fall in quarterly revenue when it reports 
results on May 5. 
    * The New York City-based  company is expected to report  a
11.5% decrease in revenue to $29.652 million from $33.51 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Silvercrest Asset
Management Group Inc is for earnings of 37 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "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 Silvercrest
Asset
Management Group Inc is $23.5​, above​ its last closing price
of $17.92. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.33        0.31       0.15      Missed  -52.1
 Sep. 30 2022  0.37        0.36       0.34      Missed  -6.4
 Jun. 30 2022  0.42        0.43       0.39      Missed  -8.6​
 Mar. 31 2022  0.49        0.48       0.45      Missed  -5.6
 ​​Dec.        0.37        0.37       0.58      Beat    56.8
 31 2021                                                
 Sep. 30 2021  0.47        0.45       0.44      Missed  -2.2​
 Jun. 30 2021  0.41        0.43       0.45      Beat    5.3
 Mar. 31 2021  0.41        0.42       0.42      Met     0.8
 This summary was machine generated May 3 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated