业绩总结 - 截至2024年6月30日，AMG管理的资产总额约为7000亿美元[2] - 2024年第二季度的净收入为2.598亿美元，较2023年第二季度的7600万美元增长了242.1%[39] - 2024年上半年的每股收益（摊薄）为6.74美元，较2023年上半年的6.49美元增长了3.9%[39] - 2024年第二季度的调整后EBITDA为4.311亿美元，较2023年第二季度的2.175亿美元增长了88.5%[39] - 2024年上半年的经济净收入（控制性权益）为342.6百万美元，较2023年上半年的325.4百万美元增长了5.5%[49] 用户数据 - 2024年上半年净客户现金流为-29亿美元，较2023年上半年的9亿美元有所下降[39] - 截至2024年6月30日，公司的私募市场AUM占比为18%，流动替代品AUM占比为19%[38] - 2024年第二季度的平均AUM为6865亿美元，较2023年第二季度的6689亿美元增长了2.5%[39] 财务状况 - 截至2024年6月30日，公司的总资产为8,845.0百万美元，较2023年12月31日的9,059.6百万美元下降了2.4%[53] - 截至2024年6月30日，公司的总负债为4,191.3百万美元，较2023年12月31日的4,096.1百万美元增长了2.3%[53] - 2024年上半年的总费用为25.697亿美元，较2023年上半年的25.082亿美元增长了2.4%[39] 未来展望 - AMG的长期年化增长机会预计在中位数十几个百分点[7] - AMG的自由现金流稳定，拥有12.5亿美元的未提取信贷额度，计划于2027年到期[33] 其他信息 - 自2019年第二季度以来，AMG的调整后稀释股本减少了36%，约1900万股[35] - AMG的平均回购价格为124美元，回购和分红的总额自2019年6月30日至2024年6月30日显著增加[35] - 2024年第二季度的合并收入为500.3百万美元，较2023年第二季度的512.5百万美元下降了2.3%[48] - 2024年第二季度的合并总支出为359.4百万美元，较2023年第二季度的374.6百万美元下降了4.1%[48]

Affiliated Managers Group (AMG) came out with quarterly earnings of $4.67 per share, beating the Zacks Consensus Estimate of $4.60 per share. This compares to earnings of $4.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.52%. A quarter ago, it was expected that this asset manager would post earnings of $5.21 per share when it actually produced earnings of $5.37, delivering a surprise of 3.07%.Over the last four quarters, ...

财务业绩 - 公司在第二季度和上半年报告了每股经济收益分别为4.67美元和10.06美元[4] - 上半年净收益(控股权益)为2.26亿美元,经济净收益(控股权益)为3.43亿美元[2] - 上半年经济每股收益增长17%至10.06美元[2] - 第二季度和上半年的总收益分别为10.98亿美元和25.70亿美元[7] - 公司上半年收入为10.00亿美元，同比下降2.9%[21] - 公司上半年净利润为2.26亿美元，同比下降13.1%[21] - 公司上半年调整后EBITDA为4.77亿美元，同比增长10.7%[22] - 公司上半年经济净收益为3.43亿美元，同比增长5.3%[22] - 公司上半年经济每股收益为10.06美元，同比增长16.5%[22] 现金流和资产负债 - 第二季度净客户现金流为正,得益于私募市场募资持续强劲[2] - 公司在上半年回购了4.77亿美元的普通股[2] - 公司在第二季度回购了3.27亿美元的普通股,并宣布派发每股0.01美元的现金股利[9] - 公司现金及现金等价物余额为8.66亿美元，较年初增加6.4%[24] - 公司总资产为88.45亿美元，较年初下降2.4%[24] - 公司总负债为41.91亿美元，较年初增加2.3%[25] - 公司股东权益为42.63亿美元，较年初下降6.7%[26] 资产管理规模 - 截至2024年6月30日,公司管理的总资产规模约为7010亿美元[7] - 第二季度和上半年的平均资产管理规模分别为6931亿美元和6865亿美元[7] 非GAAP指标 - 公司提供非GAAP业绩指标,包括调整后EBITDA、经济净收益和经济每股收益,以评估公司业绩并与同行比较[32] - 调整后EBITDA剔除了利息、税收、折旧和摊销等非现金费用,以及与收购附属公司相关的一些非现金项目[33] - 经济净收益剔除了与无形资产相关的摊销和减值,以及与附属公司交易和其他经济项目相关的损益[34] - 经济每股收益是经济净收益除以调整后的加权平均股数,剔除了可赎回非控股权益和可转换证券的潜在摊薄影响[35,36] 其他 - 公司权益法投资的收益和无形资产摊销及减值合计为1.557亿美元[38] - 公司提醒投资者关注前瞻性陈述中包含的风险因素,可能会导致实际结果与预期不符[39] - 公司发行的可转换证券对每股收益产生摊薄影响[31]

Company reports EPS of $2.26, Economic EPS of $4.67 in the second quarter of 2024 Net income (controlling interest) of $226 million, Economic Net Income (controlling interest) of $343 million in the first half of the yearEconomic Earnings per share of $10.06 in the first half of the year, increased 17% year-over-yearPositive net client cash flows in the second quarter, driven by continued strength in private markets fundraisingRepurchased $327 million in common stock, bringing total share repurchases to $47 ...

Company reports EPS of $2.26, Economic EPS of $4.67 in the second quarter of 2024 Net income (controlling interest) of $226 million, Economic Net Income (controlling interest) of $343 million in the first half of the yearEconomic Earnings per share of $10.06 in the first half of the year, increased 17% year-over-yearPositive net client cash flows in the second quarter, driven by continued strength in private markets fundraisingRepurchased $327 million in common stock, bringing total share repurchases to $47 ...

Affiliated Managers Group Inc. (AMG) is slated to report second-quarter 2024 results on Jul 29, before the opening bell. Its quarterly earnings and revenues are expected to have increased on a year-over-year basis.In the last quarter, AMG’s earnings surpassed the Zacks Consensus Estimate. Results benefited from a rise in assets under management (AUM) balance. This was partly offset by a fall in revenues and modestly higher expenses.The company boasts an impressive earnings surprise history. Its earnings sur ...

Conference Call Scheduled for 8:30 a.m. Eastern Time WEST PALM BEACH, Fla., July 22, 2024 (GLOBE NEWSWIRE) -- AMG (NYSE:AMG) will report financial and operating results for the second quarter ended June 30, 2024 on Monday, July 29, 2024. A conference call will be held at 8:30 a.m. Eastern time on the same day.        In addition to quarterly results, the conference call may include discussion of management's expectations of future financial and operating results. Jay C. Horgen, President and Chief Executive ...

Conference Call Scheduled for 8:30 a.m. Eastern Time WEST PALM BEACH, Fla., July 22, 2024 (GLOBE NEWSWIRE) -- AMG (NYSE: AMG) will report financial and operating results for the second quarter ended June 30, 2024 on Monday, July 29, 2024. A conference call will be held at 8:30 a.m. Eastern time on the same day.        In addition to quarterly results, the conference call may include discussion of management’s expectations of future financial and operating results. Jay C. Horgen, President and Chief Executiv ...

Affiliated Managers Group (AMG) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, th ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Affiliated Managers Group (AMG) , which belongs to the Zacks Financial - Investment Management industry, could be a great candidate to consider.When looking at the last two reports, this asset manager has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 8.70%, on average, in the last two quarters.For the mo ...