Calamos Asset Management (CLMS) Tops Q2 EPS by 9c

Calamos Asset Management (NASDAQ: CLMS) reported Q2 EPS of $0.14, $0.09 better than the analyst estimate of $0.05. Revenue for the quarter came in at $48.3 million versus the consensus estimate of $49.99 million.

Assets Under Management were $20.1 billion at June 30, 2016 compared with $21.0 billion at the end of last quarter and $24.4 billion at June 30, 2015. Net outflows were $1.0 billion for the quarter compared with net outflows of $426 million in the previous quarter and net outflows of $122 million in the second quarter of 2015.

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

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