Artisan Partners Asset Management ($APAM) Q3 2024 Earnings Preview

Artisan Partners Asset Management (NYSE: APAM) has announced that it will be unveiling its third quarter financial results on Tuesday 29th October 2024. This announcement is set to occur after market close, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.

It appears that the firm is on the verge of revealing their estimated $0.90 profit per share for the quarter, as well as their total revenue of $279.7 million for this specific period, according to financial experts on Wall Street.

Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $1.11 billion. Additionally, they are expecting the company to achieve per share profit of $3.41 for the fiscal year.

When examining the corresponding quarter from the previous year, the company's earnings report highlighted a per-share income of $0.75. This results was derived from the company's total revenue, which reached an impressive $248.7 million during same quarter.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.82 +15.5% 270.80 M +11.5%
Q1 2024 $0.76 +18.8% 264.40 M +12.8%
Q4 2023 $0.78 +20.0% 249.00 M +10.2%
Q3 2023 $0.75 +7.1% 248.70 M +6.1%
Q2 2023 $0.71 -10.1% 242.90 M -3.4%
*Growth on year-over-year basis

 

In addition, The firm will review the third quarter financial results on 30th October 2024 at 01:00 PM eastern time, in a conference call with public.

Artisan Partners Asset Management (APAM) closed Friday's regular trading session at $43.65, indicating a 0.37 percent gain. During the day, APAM shares traded between $43.20 and $44.23, with a day volume of 320.60 thousand shares.

error: Content is protected !!
Exit mobile version