Silvercrest Q2 EPS miss estimates

Silvercrest Asset Management

31/07/2025 21:11

Overview

Silvercrest Q2 revenue, down 1% yr/yr, but still in-line with analyst expectations, per LSEG data

Adjusted EPS for Q2 misses consensus

Co announced $25 mln stock buyback on May 23 and 5% dividend increase On July 30

Outlook

Silvercrest expects significant organic client flows in 2025 and 2026

Company sees robust business pipeline supporting future growth

Result Drivers

AUM GROWTH - Discretionary AUM increased by 4.4% sequentially, driven by market appreciation despite net client outflows

ORGANIC CLIENT GROWTH - Silvercrest added $80 mln in organic new client accounts during Q2, totaling $0.5 bln in new accounts for H1 2025

FEE RATE IMPACT - Revenue decline attributed to a decrease in average annual management fee rate

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Meet
$30.67 mln
$30.80 mln (2 Analysts)
Q2 Adjusted EPS
Miss
$0.25
$0.3 (2 Analysts)
Q2 Adjusted Net Income
Miss
$3.26 mln
$4 mln (2 Analysts)
Q2 Net Income
$3.15 mln
Q2 Adjusted EBITDA
Miss
$5.74 mln
$6.99 mln (2 Analysts)
Q2 Adjusted EBITDA Margin
18.7%


Analyst Coverage

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 July 30 closing price of $16.33

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nGNX3vcq0Q

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)