Silvercrest Asset Mgmt Gr Earnings Preview
Portfolio Pulse from Benzinga Insights
Silvercrest Asset Mgmt Gr (NASDAQ:SAMG) is scheduled to release its quarterly earnings report on Friday, 2024-03-08, with analysts estimating an EPS of $0.36. The company's past earnings performance shows a mixed track record, with a miss last quarter leading to a 0.34% drop in share price. Shares are currently trading at $16.92, up 5.68% over the last 52 weeks. Investors will be keenly watching for not only the earnings results but also the company's guidance for future growth.
March 07, 2024 | 2:01 pm
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Silvercrest Asset Mgmt Gr is expected to report an EPS of $0.36 for the quarter. Historical performance shows sensitivity to earnings reports and guidance, with a recent miss leading to a slight share price drop.
Given SAMG's mixed historical earnings performance and the recent share price sensitivity to earnings reports and guidance, the upcoming earnings announcement is crucial. While the stock has shown resilience with a 5.68% increase over the last 52 weeks, any deviation from expected results or guidance could lead to short-term volatility. However, the long-term bullish sentiment among shareholders may mitigate drastic negative impacts unless the earnings miss is significant.
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