Calamos Asset Management (CLMS) Tops Q4 EPS by 7c

Calamos Asset Management (NASDAQ: CLMS) reported Q4 EPS of $0.18, $0.07 better than the analyst estimate of $0.11. Revenue for the quarter came in at $55.5 million versus the consensus estimate of $54.71 million.

Assets Under Management were $21.9 billion at December 31, 2015 compared with $22.5 billion at the end of last quarter and $23.5 billion at December 31, 2014. Net outflows were $1.0 billion for the quarter compared with net outflows of $436 million in the previous quarter and net outflows of $1.1 billion in the fourth quarter of 2014.

For earnings history and earnings-related data on Calamos Asset Management (CLMS) click here.

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