Silvercrest Asset Mgmt Gr Q2 EPS $0.34 Misses $0.38 Estimate, Sales $29.73M Miss $30.77M Estimate
Portfolio Pulse from Benzinga Newsdesk
Silvercrest Asset Mgmt Gr (NASDAQ:SAMG) reported Q2 earnings of $0.34 per share, missing the analyst consensus estimate of $0.38 by 10.53%. This is a 12.82% decrease from the same period last year. The company also reported quarterly sales of $29.73 million, missing the analyst consensus estimate of $30.77 million by 3.37%, a 7.58% decrease from the same period last year.
July 27, 2023 | 8:34 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Silvercrest Asset Mgmt Gr's Q2 earnings and sales missed estimates, indicating a potential negative impact on the stock.
Silvercrest Asset Mgmt Gr reported lower than expected earnings and sales for Q2, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100