earnings
confidence high
sentiment negative
materiality 0.70
BrightSphere Q2 GAAP EPS $0.27 vs $0.67 YoY; ENI EPS $0.28 vs $0.41
Acadian Asset Management Inc.
2023-Q2 EPS reported
$0.55
revenue$188,100,000
- GAAP net income attributable to controlling interests $11.4M, down 60.1% YoY from $28.6M.
- ENI EPS $0.28 vs $0.41 in Q2'22; Acadian Adjusted EBITDA fell 25.5% to $28.9M.
- AUM $99.9B at June 30, up 2.5% from March 31; fourth straight quarter of positive net flows ($0.1B).
- Dividend declared $0.01/share, payable Sept 29 to holders of record Sept 15.
- FY 2023 operating expense ratio guided ~52%-56%; variable comp ratio 46%-52%.