GAMCO Expects to Report Diluted EPS for the Fourth Quarter 2024 of $0.65 to $0.71 Per Share and 2024 Diluted EPS of $2.59 to $2.65 Per Share
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GAMCO Investors, Inc. (OTCQX: GAMI) announced its expected diluted EPS for Q4 2024 to be between $0.65 and $0.71, and for the full year 2024 to be between $2.59 and $2.65. The company's assets under management increased to $31.7 billion by the end of 2024.
January 02, 2025 | 9:30 pm
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GAMCO Investors projects Q4 2024 EPS between $0.65 and $0.71, and full-year EPS between $2.59 and $2.65. AUM increased to $31.7 billion by the end of 2024.
The announcement of expected EPS and the increase in AUM are positive indicators for GAMCO Investors. The projected EPS suggests profitability, and the growth in AUM indicates effective asset management, both of which are likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100