Calamos Asset Management (CLMS) Tops Q3 EPS by 10c

Calamos Asset Management (NASDAQ: CLMS) reported Q3 EPS of $0.14, $0.10 better than the analyst estimate of $0.04. Revenue for the quarter came in at $48.3 million versus the consensus estimate of $48.38 million.

Assets Under Management were $20.1 billion at September 30, 2016 compared with $20.1 billion at the end of last quarter and $22.5 billion at September 30, 2015. Net outflows were $746 million for the quarter compared with net outflows of $1.0 billion in the previous quarter and $436 million in the third quarter of 2015.

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

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