Jul. 31 at 11:56 AM
$AMG beats earnings expectations, but what's holding it back? 🤔
🤑 EPS of
$5.39 tops the Zacks Consensus Estimate, with results benefiting from a solid improvement in AUM balance and strong liquidity. Yet, a revenue drop and rising expenses are the headwinds to watch.
Full breakdown here 👉 https://www.zacks.com/stock/news/2643357/affiliated-managers-q2-earnings-beat-estimates-as-aum-increases?cid=sm-stocktwits-2-2643357-body-4925&ADID=SYND_STOCKTWITS_TWEET_2_2643357_BODY_4925