Picture of Silvercrest Asset Management logo

SAMG — Silvercrest Asset Management News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsBalancedSmall CapContrarian

Silvercrest Asset Management Group Inc reports results for the quarter ended June 30 - Earnings Summary

Silvercrest Asset Management Group Inc SAMG.OQ reported quarterly adjusted earnings of 25 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 30 cents.  The mean expectation of three analysts for the quarter was for earnings of 30 cents per share.

Revenue fell 1% to $30.67 million from a year ago; analysts expected $30.77 million.

Silvercrest Asset Management Group Inc's reported EPS for the quarter was 21 cents​.

The company reported quarterly net income of $1.92 million.

Silvercrest Asset Management Group Inc shares had risen by 3.0% this quarter and lost 11.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.1% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the investment management & fund operators peer group is  "buy."

Wall Street's median 12-month price target for Silvercrest Asset Management Group Inc is $23.50, about 30.5% above its last closing price of $16.33

This summary was machine generated from LSEG data July 31 at 09:14 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.300.25Missed
Mar. 31 20250.310.27Missed
Dec. 31 20240.280.20Missed
Sep. 30 20240.330.26Missed

Recent news on Silvercrest Asset Management

See all news