earnings
confidence high
sentiment positive
materiality 0.75
BrightSphere Q1 GAAP EPS $0.53 vs $0.33 YoY; AUM $110.2B, stock buyback $100M
Acadian Asset Management Inc.
2022-Q1 EPS reported
$0.53
revenue$112,200,000
- GAAP diluted EPS $0.53 ($0.54 basic), up 60.6% YoY; ENI diluted EPS $0.52 vs $0.27.
- Revenue $112.2M (+2.3% YoY); management fees $102.2M, performance fees $10.0M.
- AUM $110.2B (-6% from Q4'21); NCCF -$2.2B; annualized revenue impact -$1.1M.
- Repurchased ~$100M of stock (4.1M shares, 9% of outstanding); completed $125M note redemption.
- 96% of strategies by revenue beat benchmarks over 1-year; dividend $0.01/share declared.