OM Asset Management (OMAM) Tops Q3 EPS by 1c
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OMAM Reports Financial and Operating Results for the Third Quarter Ended September 30, 2015
November 4, 2015 7:56 AM ESTEconomic net income of $37.9 million ($0.31 per share) for the quarter, up 0.8% compared to the 2014 period Year to date economic net income of $113.2 million ($0.94 per share) excluding extraordinary performance fee, and $124.6 million ($1.03 per share) including extraordinary performance fee, up 8.5% and 19.5% respectively, compared to the 2014 period U.S. GAAP earnings of $35.0 million ($0.29 per share) for the quarter and $118.6 million ($0.98 per share) for the year to date AUM of $208.7 billion at September 30, 2015, a decrease of (2.4)% from September 30, 2014 Net client cash flows... More
