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APAMBearishEarningsnews
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Artisan Partners Asset Management (APAM) Q1 Earnings Miss Estimates

Apr 23, 2024, 7:18 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Artisan Partners Asset Management reported Q1 earnings of $0.76 per share, missing estimates. - Revenue for the quarter was $264.4 million, beating estimates by 0.68%. - Company has outperformed consensus estimates two times in the last four quarters. - Management commentary on earnings call will influence stock's immediate price movement. - Stock has lost 3.7% year-to-date, underperforming the S&P 500. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Artisan Partners Asset Management reported Q1 earnings of $0.76 per share, missing estimates.
  • Revenue for the quarter was $264.4 million, beating estimates by 0.68%.
  • Company has outperformed consensus estimates two times in the last four quarters.
  • Management commentary on earnings call will influence stock's immediate price movement.
  • Stock has lost 3.7% year-to-date, underperforming the S&P 500.

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