APAM Stock Recent News

Amid high inflation and a looming global economic downturn, investors should accumulate solid dividend-yielding stocks like Artisan Partners (APAM), on the back of its solid fundamentals.

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APAM, ING and F made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 24, 2023.

Artisan Partners Asset Management (APAM) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.98 per share a year ago.

MILWAUKEE, April 18, 2023 (GLOBE NEWSWIRE) -- Artisan Partners Asset Management Inc. (NYSE: APAM) will report its first quarter 2023 financial results and information relating to its quarterly dividend on May 2, 2023 at approximately 4:30 p.m. (Eastern Time). Artisan Partners Asset Management's earnings release and supplemental materials will be available on the investor relations section of artisanpartners.com at that time. Chief Executive Officer Eric Colson and Chief Financial Officer C.J. Daley will host a conference call on May 3, 2023 at 1:00 p.m. (Eastern Time) to discuss the results.

A decline in revenues year-over-year shows Artisan Partners Asset Management Inc. is not immune to downturns as are all other asset managers. The Artisan Partners' balance sheet is very healthy and the company sports some great profitability and efficiency ratios.

The heavy selling pressure might have exhausted for Artisan Partners (APAM) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Here is how Artisan Partners Asset Management (APAM) and Coinbase Global, Inc. (COIN) have performed compared to their sector so far this year.

Artisan Partners Asset Management Inc. (NYSE:APAM ) Q4 2022 Earnings Conference Call February 1, 2023 1:00 PM ET Company Participants Makela Taphorn - Investor Relations Eric Colson - Chief Executive Officer C.J. Daley - Chief Financial Officer Conference Call Participants Alex Blostein - Goldman Sachs Bill Katz - Credit Suisse Daniel Fannon - Jefferies Michael Brown - KBW Operator Hello, and thank you for standing by.

Lower expenses support Artisan Partners' (APAM) Q4 earnings. Yet, a tough operating backdrop hurts revenues and AUM balance.