earnings
confidence high
sentiment positive
materiality 0.75
Artisan Partners reports Q4 adj. EPS $1.05, revenue $297M; declares $0.84 quarterly + $0.50 special dividend
Artisan Partners Asset Management Inc.
2024-FY EPS reported
$3.66
revenue$1,111,802,000
- Q4 GAAP EPS $0.97 (up from $0.92 YoY); adjusted EPS $1.05 (up from $0.78).
- Revenue $297M (+19% YoY); adjusted operating margin 36.8% vs 32.1% YoY.
- Ending AUM $161.2B (-4% QoQ, +7% YoY); net client outflows $0.8B in quarter.
- Full-year adjusted net income $287.3M ($3.55 per adj. share) vs $233.1M ($2.89) in 2023.
- Declared $0.84/sh variable quarterly dividend and $0.50/sh special dividend, payable Feb 28.