AMG Stock Recent News
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Affiliated Managers Group (AMG) came out with quarterly earnings of $4.67 per share, beating the Zacks Consensus Estimate of $4.60 per share. This compares to earnings of $4.45 per share a year ago.
Company reports EPS of $2.26, Economic EPS of $4.67 in the second quarter of 2024 Net income (controlling interest) of $226 million, Economic Net Income (controlling interest) of $343 million in the first half of the year Economic Earnings per share of $10.06 in the first half of the year, increased 17% year-over-year Positive net client cash flows in the second quarter, driven by continued strength in private markets fundraising Repurchased $327 million in common stock, bringing total share repurchases to $477 million in the first half of the year WEST PALM BEACH, Fla., July 29, 2024 (GLOBE NEWSWIRE) -- AMG, a strategic partner to leading independent investment management firms globally, today reported its financial and operating results for the second quarter and six months ended June 30, 2024.
Affiliated Managers' (AMG) global distribution capability and a robust balance sheet are expected to have supported Q2 earnings.
Conference Call Scheduled for 8:30 a.m. Eastern Time WEST PALM BEACH, Fla.
Affiliated Managers (AMG) possesses 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 (AMG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Affiliated Managers (AMG) partners with Suma Capital by acquiring a minority interest in the private markets firm.
WEST PALM BEACH, Fla., May 16, 2024 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment management firms globally, today announced that it acquired a minority equity interest in Suma Capital (“Suma”).
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