earnings
confidence high
sentiment neutral
materiality 0.75
BrightSphere Q4: GAAP EPS $0.54 (down 25%), record ENI EPS $0.77, AUM $103.7B
Acadian Asset Management Inc.
2023-FY EPS reported
$1.55
revenue$426,600,000
- GAAP net income $22.8M vs. $30.4M Q4'22; diluted EPS $0.54 vs. $0.72.
- ENI EPS record $0.77 (up 15% YoY); Segment Adjusted EBITDA $55.2M (up 8.4%).
- AUM $103.7B (+6.5% from Q3); net outflows of $2.0B in Q4.
- Board authorized $100M buyback; repurchased 5.2% of shares combined Dec-Q1'24.
- Acadian's Kelly Young promoted to CEO; systematic credit seeded first strategy.