AMG Reports Financial and Operating Results for the Third Quarter and Nine Months Ended September 30, 2019

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Go back to AMG Reports Financial and Operating Results for the Third Quarter and Nine Months Ended September 30, 2019

Affiliated Managers Group (AMG) Tops Q3 EPS by 31c, Revenues Beat

October 28, 2019 7:06 AM EDT

Affiliated Managers Group (NYSE: AMG) reported Q3 EPS of $3.45, $0.31 better than the analyst estimate of $3.14. Revenue for the quarter came in at $601.3 million versus the consensus estimate of $547.06 million.

Completed investment in Garda Capital PartnersCompleted BlueMountain transaction and received approximately $90 million in proceedsRepurchased $110 million in common stock and... More