Artisan Partners: Q4 Earnings Snapshot

Associated Press Finance
1 min read
0
In this article:

MILWAUKEE (AP) — MILWAUKEE (AP) — Artisan Partners Asset Management Inc. (APAM) on Tuesday reported fourth-quarter net income of $64.8 million.

On a per-share basis, the Milwaukee-based company said it had profit of 92 cents. Earnings, adjusted for non-recurring gains, were 78 cents per share.

The investment management firm posted revenue of $249 million in the period.

For the year, the company reported profit of $222.3 million, or $3.19 per share. Revenue was reported as $975.1 million.

Artisan Partners shares have decreased slightly more than 4% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $42.23, an increase of 18% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on APAM at https://www.zacks.com/ap/APAM

Advertisement

Recommended Stories