Silvercrest Asset Management Group Inc expected to post earnings of 38  cents a share - Earnings Preview

Silvercrest Asset Management

24/07/2023 14:48

* Silvercrest Asset Management Group Inc  SAMG.OQ 
 SAMG.O  is
expected to show a fall in quarterly revenue when it reports 
results on July 26 (estimated). 
    * The New York City-based  company is expected to report  a
4.4% decrease in revenue to $30.771 million from $32.17 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Silvercrest Asset
Management Group Inc is for earnings of 38 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 $21.04. ​​​

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  0.38        0.37       0.35      Missed  -6.2
 Dec. 31 2023  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.        0.49        0.48       0.45      Missed  -5.6
 31 2022                                                
 Dec. 31 2021  0.37        0.37       0.58      Beat    56.8​
 Sep. 30 2021  0.47        0.45       0.44      Missed  -2.2
 Jun. 30 2021  0.41        0.43       0.45      Beat    5.3
 This summary was machine generated July 24 at 13:48 GMT.  All
figures in US dollars  unless otherwise stated