Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks ...

Investors might want to bet on AssetMark Financial (AMK) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this financial services company, should get reflected in its stock price. After all, empirical research shows a strong c ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 27: CI Financial Corp. (CIXXF) : This asset management holding company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.9% over the last 60 days. CI Financial's shares gained 23.9% over the last three months compared with the S&P 500’s advance of 11.4%. The company possesses a Momentum Score of A. SPX Technologies, Inc. (SPXC) : This comp ...

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Berkshire Hathaway B (BRK.B) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. Berkshire Hathaway B is a member of our Finance group, which includes 857 different companies and currently sits at #5 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of th ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Unisys Corporation (UIS) : This information technology solutions company has seen the Zacks Consensus Estimate for its current year earnings increasing 25% over the last 60 days. CI Financial Corp. (CIXXF) : This asset management holding company has seen the Zacks Consensus Estimate for its current year earnings increasing 13.9% over the last 60 days. Heartland BancCorp (HLAN) : This bank holding company for Heartland Bank has seen the ...

AssetMark Financial Holdings, Inc. (NYSE:AMK) Q4 2023 Earnings Conference Call February 21, 2024 5:00 PM ET Company Participants Taylor Hamilton - Head of Investor Relations Michael Kim - Chief Executive Officer Gary Zyla - Chief Financial Officer Conference Call Participants Dan Fannon - Jefferies Jeff Schmitt - William Blair Patrick O’Shaughnessy - Raymond James Operator Good afternoon, everyone and welcome to AssetMark’s Fourth Quarter 2023 Earnings Conference Call. Currently, all participants are in a l ...

For the quarter ended December 2023, AssetMark Financial (AMK) reported revenue of $158.18 million, down 3.6% over the same period last year. EPS came in at $0.59, compared to $0.46 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $188.88 million, representing a surprise of -16.25%. The company delivered an EPS surprise of +3.51%, with the consensus EPS estimate being $0.57. While investors scrutinize revenue and earnings changes year-over-year and how they compare w ...

AssetMark Financial (AMK) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 3.51%. A quarter ago, it was expected that this financial services company would post earnings of $0.59 per share when it actually produced earnings of $0.62, delivering a surprise of 5.08%. Over the last four ...

CONCORD, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced financial results for the quarter ended December 31, 2023. Fourth Quarter 2023 Financial and Operational Highlights Net income for the quarter was $34.6 million, or $0.47 per share. Adjusted net income for the quarter was $44.0 million, or $0.59 per share, on total revenue of $158.2 million. Adjusted EBITDA for the quarter was $63.8 million, or 40.3% of total revenue. Platform assets increased 19 ...

EXHIBIT 99.1 AssetMark Reports $108.9B Platform Assets for Fourth Quarter 2023 CONCORD, Calif., February 21, 2024, (GLOBE NEWSWIRE) — AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended December 31, 2023. Fourth Quarter 2023 Financial and Operational Highlights • Net income for the quarter was $34.6 million, or $0.47 per share. • Adjusted net income for the quarter was $44.0 million, or $0.59 per share, on total revenue of $158.2 million. • Adjusted EBITDA ...