|Bid||0.00 x 800|
|Ask||0.00 x 1100|
|Day's Range||76.45 - 80.23|
|52 Week Range||44.37 - 88.95|
|Beta (5Y Monthly)||1.44|
|PE Ratio (TTM)||34.55|
|Forward Dividend & Yield||0.04 (0.05%)|
|Ex-Dividend Date||Nov 04, 2020|
|1y Target Est||N/A|
With us today to discuss the company's results for the quarter are Jay Horgen, president and chief executive officer; and Tom Wojcik, chief financial officer. AMG reported economic earnings per share of $3.27 and adjusted EBITDA of $181 million.
Affiliated Managers (AMG) delivered earnings and revenue surprises of 14.34% and 3.42%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Decline in expenses supports Affiliated Managers' (AMG) Q3 earnings despite lower revenues and fall in AUM balance.