Affiliated Managers Group Inc.’s (AMG) first-quarter 2024 economic earnings of $5.37 per share handily outpaced the Zacks Consensus Estimate of$5.21. The bottom line also jumped 28.5% from the prior-year number. Results were aided by improvement in assets under management (AUM) balance. Further, the company had a robust liquidity position. However, a decline in revenues and slightly higher expenses were the undermining factors. Economic net income was $186.7 million, up 18.1% year over year. Our estimate f ...