Preview Of Pzena Investment Management Inc ($PZN) 3Q20 Earnings

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Pzena Investment Management Inc (NYSE:PZN) is expected to report third quarter earnings results, after market close, on Tuesday 20th October 2020.

Previous Quarter Performance

Pzena Investment Management Inc unwinded income for the second quarter of $ 0.13 per share, from the revenue of $ 30.13 million. Street analysts expected $ 37.06 million. The top line results fell short of analysts by $ 6.93 million or 18.7 percent.

Stock Performance

Shares of Pzena Investment Management Inc traded low $ -0.11 or -1.96 percent on Monday, reaching $ 5.51 with volume of 13.80 thousand shares. Pzena Investment Management Inc has traded high as $ 5.71 and has cracked $ 5.51 on the downward trend

According to the previous trading day, closing price of $ 5.51, representing a 62.43 % increase from the 52 week low of $ 3.46 and a 38.17 % decrease over the 52 week high of $ 9.09.

The company has a market capital of $ 392.53 million and is part of the Financial Services sector and Asset Management industry.

Conference Call

Pzena Investment Management Inc will be hosting a conference call at 10:00 AM eastern time on 21st October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.pzena.com

Pzena Investment Management, Inc. is a publicly owned investment manager. The firm manages equity mutual funds for its clients.