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

Silvercrest Asset Management

04/05/2023 22:50

* Silvercrest Asset Management Group Inc  SAMG.OQ  reported
quarterly adjusted earnings of 35 cents​​ per share for the
quarter ended in March. The mean expectation of three analysts
for the quarter was for earnings of 37 cents per share.
    * Revenue fell 12.2% to $29.43 million from a year ago;
analysts
expected $29.65 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 0.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Silvercrest Asset Management Group Inc shares had risen
by 0.1%
this quarter and lost 3.0% so far this year.
    * The company reported quarterly net income of $3.2 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 May
4 at 09:50 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.43           0.39           Missed