OM Asset Management (OMAM) Reports Q3 EPS of $0.32
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OMAM Reports Financial and Operating Results for the Third Quarter Ended September 30, 2016
November 2, 2016 7:28 AM EDTU.S. GAAP earnings of $34.0 million ($0.28 per share) for the quarter and $101.1 million ($0.84 per share) for the year to date, down (2.9)% and (14.8)%, respectively, compared to 2015 periods Economic net income of $38.0 million ($0.32 per share) for the quarter and $106.2 million ($0.89 per share) for the year to date, a change of 0.3% and (6.2)%, respectively, compared to 2015 periods (excluding the non-recurring performance fee) AUM of $234.2 billion at September 30, 2016, an increase of 10.3% from December 31, 2015, including acquisition of Landmark Partners Net client cash flows (NCCF) for the quarter of $(2.6)... More
