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Affiliated Managers Group's Q2 Earnings Rise, Revenue Falls; Shares Drop Pre-Bell
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Affiliated Managers Group's Q2 Earnings Rise, Revenue Falls; Shares Drop Pre-Bell
Jul 29, 2024 4:59 AM

07:34 AM EDT, 07/29/2024 (MT Newswires) -- Affiliated Managers Group ( AMG ) reported Q2 adjusted earnings Monday of $4.67 per diluted share, compared with $4.45 a year earlier.

Analysts surveyed by Capital IQ expected $4.60.

Revenue for the quarter ended June 30 was $500.3 million, compared with $512.5 million a year earlier. Four analysts surveyed by Capital IQ expected $518 million.

Shares of the company were down nearly 3% in recent premarket activity.

Price: 172.00, Change: -5.02, Percent Change: -2.84

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