Affiliated Managers Group (AMG) Tops Q2 EPS by 2c, Revenues Miss

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AMG Reports Financial and Operating Results for the Second Quarter and First Half of 2018

July 30, 2018 7:45 AM EDT

Company Reports EPS of $2.16; Economic EPS of $3.61

WEST PALM BEACH, Fla., July 30, 2018 (GLOBE NEWSWIRE) -- Affiliated Managers Group, Inc. (NYSE: AMG) today reported its financial and operating results for the second quarter and six months ended June 30, 2018.

For the second quarter of 2018, diluted earnings per share were $2.16, compared to $2.22 for the same period of 2017, and Economic earnings per share (Economic EPS) were $3.61, compared to $3.33 for the same period of 2017.  For the second quarter of 2018, Net income was $117.0 million, compared to $126.3 million for the same period of 2017.... More