Affiliated Managers Group Inc reports results for the quarter ended December 31 - Earnings Summary

• Affiliated Managers Group Inc AMG.N reported quarterly adjusted earnings of $5.72​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $6.86. The mean expectation of six analysts for the quarter was for earnings of $6.02 per share. Wall Street expected results to range from $5.90 to $6.20 per share.

• Revenue rose 4.3% to $524.20 million from a year ago; analysts expected $530.55 million.

• Affiliated Managers Group Inc's reported EPS for the quarter was $4.92​.

• The company reported quarterly net income of $162.1 million.

• Affiliated Managers Group Inc shares had fallen by 1.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the investment management & fund operators peer group is also "buy"

Wall Street's median 12-month price target for Affiliated Managers Group Inc is $206.00

This summary was machine generated from LSEG data February 6 at 02:31 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)