AMG Reports Financial and Operating Results for the First Quarter of 2020

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Go back to AMG Reports Financial and Operating Results for the First Quarter of 2020

Affiliated Managers Group (AMG) Tops Q1 EPS by 18c, Revenues Beat

April 27, 2020 7:05 AM EDT

Affiliated Managers Group (NYSE: AMG) reported Q1 EPS of $3.26, $0.18 better than the analyst estimate of $3.08. Revenue for the quarter came in at $507.3 million versus the consensus estimate of $496.34 million.

Continue to address the impact of the COVID-19 pandemic on AMG's Affiliates, business, employees, and surrounding communities including supporting the relief efforts of local healthcare systemsOngoing execution of long-term growth strategy during the quarter: completed partnership with Comvest Capital Partners and announced strategic relationship with iCapitalCapitalized on balance sheet strength... More