Affiliated Managers Group (AMG) Tops Q2 EPS by 5c

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AMG Reports Financial and Operating Results for the Second Quarter and First Half of 2016

August 1, 2016 7:38 AM EDT

Company Reports EPS of $1.97; Economic EPS of $3.06

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

For the second quarter of 2016, diluted earnings per share were $1.97, compared to $2.31 for the same period of 2015, and Economic earnings per share (Economic EPS) were $3.06, compared to $3.08 for the same period of 2015. For the second quarter of 2016, Net income was $107.4 million, compared to $128.7 million for the same period of 2015. For the second quarter of 2016,... More