Silvercrest Asset Mgmt Gr Q3 2023 Adj EPS $0.36 Misses $0.38 Estimate, Sales $29.70M Miss $31.67M Estimate
Portfolio Pulse from vinayak@benzinga.com
Silvercrest Asset Mgmt Gr (NASDAQ:SAMG) reported Q3 2023 earnings of $0.36 per share, missing the analyst consensus estimate of $0.38 by 5.26%. The company also reported quarterly sales of $29.70 million, missing the analyst consensus estimate of $31.67 million by 6.21%. However, both earnings and sales show an increase compared to the same period last year.
November 02, 2023 | 9:47 pm
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NEGATIVE IMPACT
Silvercrest Asset Mgmt Gr's Q3 2023 earnings and sales missed analyst estimates, which could negatively impact the stock in the short term.
Silvercrest Asset Mgmt Gr's earnings and sales for Q3 2023 missed analyst estimates. This underperformance could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100