AMG Reports Financial and Operating Results for the Second Quarter and First Half of 2024
AMGAffiliated Managers (AMG) GlobeNewswire News Room·2024-07-29 19:00

Company reports EPS of 2.26,EconomicEPSof2.26, Economic EPS of 4.67 in the second quarter of 2024 Net income (controlling interest) of 226million,EconomicNetIncome(controllinginterest)of226 million, Economic Net Income (controlling interest) of 343 million in the first half of the yearEconomic Earnings per share of 10.06inthefirsthalfoftheyear,increased1710.06 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 ...