Affiliated Managers Group (NYSE:AMG – Get Free Report) issued an update on its second quarter 2024 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 4.500-4.600 for the period, compared to the consensus estimate of 4.860. The company issued revenue guidance of -.
Affiliated Managers Group Trading Down 1.9 %
NYSE AMG opened at $157.23 on Tuesday. The stock has a 50-day simple moving average of $161.53 and a 200 day simple moving average of $149.78. The company has a market capitalization of $5.10 billion, a PE ratio of 9.06, a P/E/G ratio of 0.56 and a beta of 1.31. Affiliated Managers Group has a 12 month low of $120.22 and a 12 month high of $169.65.
Affiliated Managers Group (NYSE:AMG – Get Free Report) last announced its quarterly earnings results on Monday, May 6th. The asset manager reported $5.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.23 by $0.14. Affiliated Managers Group had a return on equity of 16.29% and a net margin of 32.71%. During the same period in the prior year, the company earned $4.18 earnings per share. As a group, sell-side analysts predict that Affiliated Managers Group will post 22.03 earnings per share for the current fiscal year.
Analyst Ratings Changes
About Affiliated Managers Group
Affiliated Managers Group, Inc, through its affiliates, operates as an investment management company providing investment management services to mutual funds, institutional clients,retails and high net worth individuals in the United States. It provides advisory or sub-advisory services to mutual funds.
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