Affiliated Managers Group (AMG) reported Q4 economic earnings Thursday of $6.53 per diluted share, down from $6.86 a year earlier.
Analysts polled by FactSet expected $6.01.
Revenue for the quarter ended Dec. 31 was $524.2 million, up from $502.7 million a year earlier.
Four analysts surveyed by FactSet expected $530.5 million.