Affiliated Managers Group Inc. (AMG)
Affiliated Managers Group, Inc. (AMG) Q2 2024 Earnings Call Transcript
Affiliated Managers Group, Inc. (NYSE:AMG ) Q2 2024 Earnings Conference Call July 29, 2024 8:30 AM ET Company Participants Patricia Figueroa - Head of IR Jay Horgen - President and CEO Thomas Wojcik - COO Dava Ritchea - CFO Conference Call Participants Alex Blostein - Goldman Sachs Dan Fannon - Jefferies Bill Katz - TD Cowen Patrick Davitt - Autonomous Research Brian Bedell - Deutsche Bank Operator Greetings, and welcome to the AMG Second Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
Affiliated Managers (AMG) Q2 Earnings Beat on Lower Expenses
A fall in expenses and higher AUM balance support Affiliated Managers' (AMG) Q2 earnings while revenues decline.
Affiliated Managers Group (AMG) Q2 Earnings Beat Estimates
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.
What to Expect From Affiliated Managers (AMG) in Q2 Earnings
Affiliated Managers' (AMG) global distribution capability and a robust balance sheet are expected to have supported Q2 earnings.
Affiliated Managers Group (AMG) Earnings Expected to Grow: Should You Buy?
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.
Why Affiliated Managers (AMG) is Poised to Beat Earnings Estimates Again
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.
Here's Why Affiliated Managers Group (AMG) is a Strong Value Stock
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Affiliated Managers (AMG) Buys Minority Interest in Suma Capital
Affiliated Managers (AMG) partners with Suma Capital by acquiring a minority interest in the private markets firm.
