AMG Reports Financial and Operating Results for the Second Quarter and First Half of 2015

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Go back to AMG Reports Financial and Operating Results for the Second Quarter and First Half of 2015

Affiliated Managers Group (AMG) Tops Q2 EPS by 6c, Revenue Misses

July 28, 2015 8:29 AM EDT

Affiliated Managers Group (NYSE: AMG) reported Q2 EPS of $3.08, $0.06 better than the analyst estimate of $3.02. Revenue for the quarter came in at $646.6 million versus the consensus estimate of $662.11 million.

AMG generated strong results for the second quarter, reporting Economic earnings per share of $3.08, a 16% increase over the second quarter of 2014, stated Sean M. Healey, Chairman and Chief Executive Officer of AMG. Against the backdrop of elevated market volatility, our results reflect ongoing successful execution across... More