Artisan Partners Asset Q2 2024 Adj EPS $0.82 Misses $0.84 Estimate, Sales $270.80M Miss $274.35M Estimate
Portfolio Pulse from Benzinga Newsdesk
Artisan Partners Asset (NYSE: APAM) reported Q2 2024 adjusted EPS of $0.82, missing the $0.84 estimate. Sales were $270.80M, below the $274.35M estimate but up 11.49% year-over-year.
July 23, 2024 | 8:21 pm
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NEGATIVE IMPACT
Artisan Partners Asset reported Q2 2024 adjusted EPS of $0.82, missing the $0.84 estimate. Sales were $270.80M, below the $274.35M estimate but up 11.49% year-over-year.
The miss on both EPS and sales estimates is likely to negatively impact the stock price in the short term, despite the year-over-year sales growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100