Company reports EPS of $2.26, Economic EPS of $4.67 in the second quarter of 2024 Net income (controlling interest) of $226 million, Economic Net Income (controlling interest) of $343 million in the first half of the yearEconomic Earnings per share of $10.06 in the first half of the year, increased 17% year-over-yearPositive net client cash flows in the second quarter, driven by continued strength in private markets fundraisingRepurchased $327 million in common stock, bringing total share repurchases to $47 ...

Affiliated Managers Group Inc. (AMG) is slated to report second-quarter 2024 results on Jul 29, before the opening bell. Its quarterly earnings and revenues are expected to have increased on a year-over-year basis.In the last quarter, AMG’s earnings surpassed the Zacks Consensus Estimate. Results benefited from a rise in assets under management (AUM) balance. This was partly offset by a fall in revenues and modestly higher expenses.The company boasts an impressive earnings surprise history. Its earnings sur ...

Conference Call Scheduled for 8:30 a.m. Eastern Time WEST PALM BEACH, Fla., July 22, 2024 (GLOBE NEWSWIRE) -- AMG (NYSE:AMG) will report financial and operating results for the second quarter ended June 30, 2024 on Monday, July 29, 2024. A conference call will be held at 8:30 a.m. Eastern time on the same day.        In addition to quarterly results, the conference call may include discussion of management's expectations of future financial and operating results. Jay C. Horgen, President and Chief Executive ...

Conference Call Scheduled for 8:30 a.m. Eastern Time WEST PALM BEACH, Fla., July 22, 2024 (GLOBE NEWSWIRE) -- AMG (NYSE: AMG) will report financial and operating results for the second quarter ended June 30, 2024 on Monday, July 29, 2024. A conference call will be held at 8:30 a.m. Eastern time on the same day.        In addition to quarterly results, the conference call may include discussion of management’s expectations of future financial and operating results. Jay C. Horgen, President and Chief Executiv ...

Affiliated Managers Group (AMG) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, th ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Affiliated Managers Group (AMG) , which belongs to the Zacks Financial - Investment Management industry, could be a great candidate to consider.When looking at the last two reports, this asset manager has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 8.70%, on average, in the last two quarters.For the mo ...

Affiliated Managers Group, Inc. (AMG) has acquired a minority equity interest in Suma Capital. The terms of the transaction have not been disclosed yet.With this partnership, AMG will be in a position to further expand its business toward secular growth areas. The transaction marks AMG’s ninth private markets affiliate.Suma Capital is a pan-European private markets firm that invests in the transition to a lower-carbon economy, a sector with increasing client allocations and deployment opportunities across E ...

WEST PALM BEACH, Fla., May 16, 2024 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment management firms globally, today announced that it acquired a minority equity interest in Suma Capital ("Suma"). Suma is a pan-European private markets firm that invests in the transition to a lower carbon economy, a sector with increasing client allocations and deployment opportunities across Europe. Led by co-founders Enrique Tombas, David Arroyo, and Pablo Muller, Suma has approximately $800 million i ...

WEST PALM BEACH, Fla., May 16, 2024 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment management firms globally, today announced that it acquired a minority equity interest in Suma Capital (“Suma”). Suma is a pan-European private markets firm that invests in the transition to a lower carbon economy, a sector with increasing client allocations and deployment opportunities across Europe. Led by co-founders Enrique Tombas, David Arroyo, and Pablo Muller, Suma has approximately $800 million i ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-13459 AFFILIATED MANAGERS GROUP, INC. (Exact name of registrant as specified in its charter) Delaware 04-3218510 ...