earnings
confidence high
sentiment positive
materiality 0.75
AMG Q3 Economic EPS $4.82, up 18% YoY; net income $124M
AFFILIATED MANAGERS GROUP, INC.
2024-Q3 EPS reported
$10.25
revenue$1,516,600,000
- GAAP diluted EPS $3.78; Economic EPS $4.82, up 18% YoY.
- Aggregate fees $1,157M, up 16% YoY; AUM $728B at period end.
- Net client cash flows -$2.8B, improved from -$9.4B a year ago.
- Repurchased $103M of stock in Q3; YTD total $580M.
- Issued $400M senior notes; declared $0.01/sh dividend, unchanged.