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A rise in revenues and AUM balance support Affiliated Managers' Q4 earnings. The company announces acquisition of minority stake in NorthBridge Partners.
Affiliated Managers Group, Inc. (NYSE:AMG ) Q4 2024 Earnings Conference Call February 6, 2025 8:30 AM ET Company Participants Patricia Figueroa - Head, Investor Relations Jay Horgen - President & Chief Executive Officer Tom Wojcik - Chief Operating Officer Dava Ritchea - Chief Financial Officer Conference Call Participants Trevor Dodds - Jefferies Bill Katz - TD Cowen Operator Greetings and welcome to AMG Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Affiliated Managers Group (AMG) came out with quarterly earnings of $6.53 per share, beating the Zacks Consensus Estimate of $6.02 per share. This compares to earnings of $6.86 per share a year ago.
Company reports EPS of $4.92, Economic EPS of $6.53 in the fourth quarter of 2024 EPS of $15.13, Economic EPS of $21.36 for the full year 2024
WEST PALM BEACH, Fla., Feb. 06, 2025 (GLOBE NEWSWIRE) -- AMG, a strategic partner to leading independent investment management firms globally, today announced that it acquired a minority equity interest in NorthBridge Partners, LLC (“NorthBridge”).
A rise in assets under management balance driven by decent inflows is expected to have supported AMG's Q4 earnings.
Conference Call Scheduled for 8:30 a.m. Eastern Time WEST PALM BEACH, Fla.
Affiliated Managers (AMG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Affiliated Managers Group ( AMG ) is a global asset manager with equity investments in a large group of investment management firms or affiliates. On the whole, the affiliates manage more than 500 investment products across each major product category – global, international and emerging markets equities, domestic equities, alternative and fixed income products.
Here is how Affiliated Managers Group (AMG) and BlackRock (BLK) have performed compared to their sector so far this year.