Artisan Partners Asset Q2 EPS $0.71 Beats $0.61 Estimate, Sales $242.90M Beat $236.08M Estimate
Portfolio Pulse from Benzinga Newsdesk
Artisan Partners Asset (NYSE:APAM) reported Q2 earnings of $0.71 per share, beating the analyst consensus estimate of $0.61 by 16.39%. However, this is a 10.13% decrease from the same period last year. The company also reported quarterly sales of $242.90 million, beating the analyst consensus estimate of $236.08 million by 2.89%, but this is a 3.38% decrease from the same period last year.
August 04, 2023 | 10:32 am
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Artisan Partners Asset beat Q2 earnings and sales estimates but reported decreases from the same period last year.
While Artisan Partners Asset beat Q2 earnings and sales estimates, the decreases from the same period last year may cause some concern among investors, potentially leading to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100