earnings
confidence high
sentiment positive
materiality 0.75
Acadian Asset Mgmt Q4 GAAP EPS $1.13 (+109% YoY), record ENI EPS $1.30, AUM $117.3B
Acadian Asset Management Inc.
2024-FY EPS reported
$2.22
revenue$505,600,000
- GAAP net income $42.5M vs $22.8M a year ago; GAAP EPS $1.13 vs $0.54.
- ENI EPS $1.30 (record), up 69% YoY; ENI margin improved to 42% from 36%.
- AUM $117.3B at Dec 31, 2024; net inflows $0.9B in Q4, gross sales $5.5B.
- Full-year 2024 gross sales $21B, highest ever; 94% of strategies by revenue beat benchmarks over 3/5/10 yrs.
- Quarterly dividend of $0.01/share, payable March 28, 2025 to holders of record March 14.