Earnings Outlook For Affiliated Managers Group
Portfolio Pulse from Benzinga Insights
Affiliated Managers Group (NYSE:AMG) is scheduled to release its quarterly earnings report on February 5, 2024, with analysts expecting an EPS of $5.98. The company's past earnings performance shows a pattern of beating EPS estimates but experiencing slight drops in share price the following day. Over the last year, AMG shares have declined by 11.74%, indicating potential concern among long-term shareholders as they approach this earnings announcement.
February 02, 2024 | 5:00 pm
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Affiliated Managers Group is expected to report an EPS of $5.98 for the upcoming quarter. Historical data shows a trend of beating EPS estimates but slight declines in share price post-announcement. Shares have decreased by 11.74% over the past year, indicating potential investor concern.
AMG's expected EPS of $5.98 and historical performance of beating estimates but experiencing slight share price declines post-announcement suggest a neutral short-term impact. The overall 11.74% yearly decline in share price indicates existing investor concern, which could temper any positive reaction to an earnings beat unless accompanied by strong future guidance.
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