Affiliated Managers Group's Q3 Economic Earnings Rise, Revenue Falls

MT Newswires Live

2024-11-04

Affiliated Managers Group (AMG) reported Q3 economic earnings Monday of $4.82 per share, up from $4.08 a year earlier.

Analysts polled by Capital IQ expected $4.84.

Total revenue for the quarter ended Sept. 30 was $516.4 million, down from $525.2 million a year earlier.

Four analysts surveyed by Capital IQ expected $521.9 million.

Additionally, the company said its board maintained the quarterly dividend at $0.01 per share, payable Nov. 29 to shareholders of record as of Nov. 14.

Price: 193.44, Change: +2.09, Percent Change: +1.09

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