Affiliated Managers Q1 Non-GAAP Earnings Rise, Revenue Declines-February 2024-www.financetom.com

Affiliated Managers Q1 Non-GAAP Earnings Rise, Revenue Declines

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Affiliated Managers Q1 Non-GAAP Earnings Rise, Revenue Declines

May 6, 2024 4:54 AM

07:33 AM EDT, 05/06/2024 (MT Newswires) -- Affiliated Managers Group ( AMG ) reported Q1 non-GAAP earnings Monday of $5.37 per diluted share, up from $4.18 a year earlier.

Analysts polled by Capital IQ expected $5.24.

Revenue for the quarter ended March 31 was $499.9 million, down from $517.4 million a year earlier.

Analysts polled by Capital IQ expected $527.8 million.

Price: 160.99, Change: +0.64, Percent Change: +0.40

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