Artisan Partners Asset Management Inc. (APAM) reported second-quarter 2024 adjusted net income per adjusted share of 82 cents, missing the Zacks Consensus Estimate of 87 cents. The bottom line, however, increased 15% from the prior-year quarter.Results were adversely affected by the declining assets under management (AUM) balance, along with the rising operating costs. Nonetheless, an increase in Global Funds and Separate accounts resulted in top-line growth. Also, the balance sheet position improved in the ...

Artisan Partners Asset Management (APAM) came out with quarterly earnings of $0.82 per share, missing the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.75%. A quarter ago, it was expected that this investment management firm would post earnings of $0.79 per share when it actually produced earnings of $0.76, delivering a surprise of -3.80%.Over ...

Artisan Partners Asset Management Inc. Reports 2Q24 Results Milwaukee, WI - July 23, 2024 - Artisan Partners Asset Management Inc. (NYSE: APAM) (the "Company" or "Artisan Partners") today reported its results for the three and six months ended June 30, 2024, and declared a quarterly dividend. Chief Executive Officer Eric Colson said, "Since our founding in 1994, we have focused on areas where we see a combination of investment talent, attractive absolute returns, long-term demand from sophisticated clients, ...

MILWAUKEE, July 23, 2024 (GLOBE NEWSWIRE) -- Artisan Partners Asset Management Inc. (NYSE:APAM) (the "Company" or "Artisan Partners") today reported its results for the three and six months ended June 30, 2024, and declared a quarterly dividend. The full June 2024 quarter earnings release and investor presentation can be viewed at www.apam.com. Conference Call The Company will host a conference call on July 24, 2024, at 1:00 p.m. (Eastern Time) to discuss its results for the three and six months ended June ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the tr ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Artisan Partners Asset Management (APAM) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 23, 2024, might help the stock move higher if these key numbers a ...

MILWAUKEE, July 10, 2024 (GLOBE NEWSWIRE) -- Artisan Partners Asset Management Inc. (NYSE:APAM) today reported that its preliminary assets under management ("AUM") as of June 30, 2024 totaled $158.9 billion. Artisan Funds and Artisan Global Funds accounted for $77.0 billion of total firm AUM, while separate accounts and other AUM1 accounted for $81.9 billion. PRELIMINARY ASSETS UNDER MANAGEMENT BY STRATEGY2     As of June 30, 2024 - ($ Millions)  Growth Team  Global Opportunities$        21,531         Glob ...

MILWAUKEE, July 09, 2024 (GLOBE NEWSWIRE) -- Artisan Partners Asset Management Inc. (NYSE:APAM) will report its second quarter 2024 financial results and information relating to its quarterly dividend on July 23, 2024 at approximately 4:30 p.m. (Eastern Time). Artisan Partners Asset Management's earnings release and supplemental materials will be available on the investor relations section of artisanpartners.com at that time. Chief Executive Officer Eric Colson, President Jason Gottlieb and Chief Financial ...

Artisan Partners Asset Management (APAM) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and fol ...

Southwest Airlines CEO Bob Jordan speaks as he is interviewed by CNBC outside the New York Stock Exchange on Dec. 9, 2021.A top Southwest Airlines shareholder on Wednesday signaled its support for Elliott Management's activist campaign to oust CEO Bob Jordan and executive chairman Gary Kelly, as the carrier struggles with underperformance compared with some of its rivals.Artisan Partners' Daniel O'Keefe and Michael McKinnon said in a letter to Southwest's board that the firm noted Elliott's Monday campaign ...