earnings
confidence high
sentiment negative
materiality 0.80
Artisan Partners Q4 revenue down 28% YoY; AUM falls 27% to $127.9B; declares $0.90 total dividend
Artisan Partners Asset Management Inc.
2022-FY EPS reported
$2.94
revenue$993,285,000
- GAAP EPS $0.76 vs $1.25 in Q4 2021; adjusted EPS $0.65 vs $1.29.
- Revenue $226M, down 28% YoY; average AUM fell 28% to $127.4B.
- AUM $127.9B at Dec 31, 2022, from $174.8B a year ago; $9.8B net outflows & $36.6B investment declines.
- Board declared variable quarterly dividend of $0.55 plus special dividend of $0.35, total $0.90 per share.
- Long-term incentive awards of $57.1M approved for March 1, 2023 grant.