Affiliated Managers Group (AMG) Tops Q4 EPS by 19c

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AMG Reports Financial and Operating Results for the Fourth Quarter and Full Year 2022

February 6, 2023 7:00 AM EST

Company reports EPS of $17.40, Economic EPS of $7.28 in fourth quarter EPS of $25.35, Economic EPS of $20.14 for the full year 2022

Net Income (controlling interest) of $1.1 billion includes $576 million gain* on BPEA transaction, Economic Net Income of $802 million10% full-year Economic Earnings per share growth reflects strong Affiliate investment performance and strategic executionRepurchased $475 million in common stock in 2022; entered into a $225 million accelerated share repurchase program at year-end  ... More