Artisan Partners Asset: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Artisan Partners Asset (NYSE:APAM) reported Q4 earnings with an EPS of $0.78, beating estimates by 5.41% against the expected $0.74. Revenue increased by $23 million from the same period last year. Despite missing EPS estimates last quarter, APAM's share price increased by 2.3% the following day. Historical earnings and revenue figures for the past four quarters are provided for context.
January 30, 2024 | 9:35 pm
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POSITIVE IMPACT
Artisan Partners Asset reported a positive earnings surprise with a 5.41% beat on EPS and a significant year-over-year revenue increase. Historical data shows a share price increase following last quarter's earnings release.
APAM's earnings beat and revenue growth are likely to be viewed positively by investors. Historical performance indicates that the market has reacted favorably to the company's earnings announcements, suggesting a potential short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100