Affiliated Managers Group Full Year 2024 Earnings: EPS Beats Expectations

Affiliated Managers Group (NYSE:AMG) Full Year 2024 Results

Key Financial Results

• Revenue: US$2.04b (flat on FY 2023).
• Net income: US$511.6m (down 24% from FY 2023).
• Profit margin: 25% (down from 33% in FY 2023).
• EPS: US$16.45 (down from US$19.17 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Affiliated Managers Group EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%.

Looking ahead, revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Capital Markets industry in the US.

Performance of the American Capital Markets industry.

The company's shares are down 3.7% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Affiliated Managers Group's balance sheet and an in-depth analysis of the company's financial position.

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