Affiliated Managers Group (AMG) Misses Q3 EPS by 8c

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Go back to Affiliated Managers Group (AMG) Misses Q3 EPS by 8c

AMG Reports Financial and Operating Results for the Third Quarter and Nine Months Ended September 30, 2016

October 31, 2016 7:26 AM EDT

Company Reports EPS of $2.00; Economic EPS of $3.02

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

For the third quarter of 2016, diluted earnings per share were $2.00, compared to $1.96 for the same period of 2015, and Economic earnings per share (Economic EPS) were $3.02, compared to $2.92 for the same period of 2015. For the third quarter of 2016, Net income was $109.2 million, compared to $107.7 million for the same period of 2015. For the third quarter of 2016,... More