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Affiliated Managers Group (AMG) Misses Q3 EPS by 8c

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AMG Reports Financial and Operating Results for the Third Quarter and Nine Months Ended September 30, 2016

October 31, 2016 7:26 AM EDT

Company Reports EPS of $2.00; Economic EPS of $3.02

WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- Affiliated Managers Group, Inc. (NYSE: AMG) today reported its financial and operating results for the third quarter and nine months ended September 30, 2016.

For the third quarter of 2016, diluted earnings per share were $2.00, compared to $1.96 for the same period of 2015, and Economic earnings per share (Economic EPS) were $3.02, compared to $2.92 for the same period of 2015. For the third quarter of 2016, Net income was $109.2 million, compared to $107.7 million for the same period of 2015. For the third quarter of 2016,... More