Fortress Investment Group (FIG) Tops Q2 EPS by 8c

Fortress Investment Group (NYSE: FIG) reported Q2 EPS of $0.26, $0.08 better than the analyst estimate of $0.18. Revenue for the quarter came in at $232 million versus the consensus estimate of $235.83 million.

As of June 30, 2016, AUM totaled $70.2 billion, down slightly from $70.6 billion as of March 31, 2016. Notably, approximately 87% of alternative AUM was in funds with long-term investment structures as of June 30, 2016.

For earnings history and earnings-related data on Fortress Investment Group (FIG) click here.

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