Associated Capital Group (AC) Reports Prelim. 4Q & FY18 EPS Results
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Associated Capital Group, Inc. Reports Estimated Full Year and Fourth Quarter Results
January 24, 2019 5:48 PM ESTRYE, N.Y.--(BUSINESS WIRE)-- Associated Capital Group, Inc. (AC or the Company) announced today a preliminary estimate of its financial results for the fourth quarter and year ended December 31, 2018.
Diluted EPS for the fourth quarter is expected to be within the range of $(1.68) to $(1.78) compared to $0.67 for the fourth quarter of 2017, based primarily on the mark-to-market decline of our investment portfolio. Full year EPS is expected to be within the range of $(2.42) to $(2.52) compared to $0.37 for 2017.
The fourth quarter and full year 2018 estimated results include a preliminary estimate of the income tax benefit related to the... More
