AMG Reports Financial and Operating Results for the Second Quarter and First Half of 2018
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Affiliated Managers Group (AMG) Tops Q2 EPS by 2c, Revenues Miss
July 30, 2018 7:47 AM EDTAffiliated Managers Group (NYSE: AMG) reported Q2 EPS of $3.61, $0.02 better than the analyst estimate of $3.59. Revenue for the quarter came in at $600.1 million versus the consensus estimate of $604.6 million.
Against the backdrop of mixed global equity markets, AMG generated strong results for the second quarter, including organic growth from net client cash flows of $4.3 billion and Economic earnings per share of $3.61, an 8% increase over the second quarter of 2017, stated... More
