Associated Capital: 3Q Earnings Snapshot
Associated Capital: 3Q Earnings Snapshot
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RYE, N.Y. (AP) _ Associated Capital Group Inc. (AC) on Tuesday reported a third-quarter loss of $7.4 million, after reporting a profit in the same period a year earlier.
The Rye, New York-based company said it had a loss of 32 cents per share.
The asset manager posted revenue of $4.7 million in the period.
Associated Capital shares have increased 29 percent since the beginning of the year. The stock has climbed 18 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AC at https://www.zacks.com/ap/AC
