Silvercrest Asset Management Group Inc reports results for the quarter ended in December - Earnings Summary

Silvercrest Asset Management

03/03/2023 14:32

* Silvercrest Asset Management Group Inc  SAMG.OQ  reported
quarterly adjusted earnings of 15 cents​​ per share for the
quarter ended in December. The mean expectation of
three analysts for the quarter was for earnings of 31 cents per
share.
    * Revenue fell 15.7% to $28.49 million from a year ago;
analysts
expected $28.04 million. 
    * Silvercrest Asset Management Group Inc's reported EPS for
the
quarter was 22 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. 
    * Silvercrest Asset Management Group Inc shares had fallen
by 5.3%
this quarter.
    * The company reported quarterly net income of $2.06
million.
    * Wall Street's median 12-month price target for Silvercrest
Asset
Management Group Inc is $23.75 
    * 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." 

This summary was machine generated from Refinitiv data March 3
at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.31           0.15           Missed
 Sep. 30 2022      0.36           0.34           Missed
 Jun. 30 2022      0.43           0.39           Missed
 Mar. 31 2022      0.48           0.45           Missed