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

Silvercrest Asset Management

27/07/2023 22:26

* Silvercrest Asset Management Group Inc  SAMG.OQ  reported
quarterly adjusted earnings of 34 cents​​ per share for the
quarter ended in June. The mean expectation of four analysts for
the quarter was for earnings of 38 cents per share.
    * Revenue fell 7.6% to $29.73 million from a year ago;
analysts
expected $30.77 million. 
    * Silvercrest Asset Management Group Inc's reported EPS for
the
quarter was 33 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.6%
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 risen
by 6.7%
this quarter and gained 15.1% so far this year.
    * The company reported quarterly net income of $3.09
million.
    * Wall Street's median 12-month price target for Silvercrest
Asset
Management Group Inc is $23.50 
    * 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 LSEG Refinitiv data July
27 at 09:26 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.38           0.34           Missed
 Mar. 31 2023      0.37           0.35           Missed
 Dec. 31 2022      0.31           0.15           Missed
 Sep. 30 2022      0.36           0.34           Missed