OM Asset Management (OMAM) Reports In-Line Q1 EPS

OM Asset Management (NYSE: OMAM) reported Q1 EPS of $0.27, in-line with the analyst estimate of $0.27. Revenue for the quarter came in at $152.9 million versus the consensus estimate of $155.47 million.

At March 31, 2016, OMAM’s total assets under management (“AUM”) were $218.0 billion, up $5.6 billion or 2.6% compared to $212.4 billion at December 31, 2015, and down $(6.0) billion or (2.7)% compared to $224.0 billion at March 31, 2015. The increase in AUM during the three months ended March 31, 2016 reflects net market appreciation of $3.1 billion, net inflows of $2.4 billion and other movements of $0.1 billion.

For earnings history and earnings-related data on OM Asset Management (OMAM) click here.

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