tiprankstipranks
Trending News
More News >

Acadian Asset Management reports Q4 EPS $1.30, consensus 94c

Reports Q4 revenue $166.7M, consensus $146.2M. “Highest ever ENI earnings per share of $1.30 for the quarter, 69% increase compared to $0.77 for Q4’23,” noted company… AUM of $117.3B at December 31…Kelly Young, Acadian Asset Management (AAMI) Inc.’s President and Chief Executive Officer, said, “We are thrilled to present Acadian’s first earnings release post our rebranding. Acadian is a leading systematic manager, delivering sustained outperformance through different market cycles. As the only publicly traded pure play quantitative asset manager, our outstanding fourth quarter results reflect strength and momentum in the business. For the fourth quarter of 2024, the Company produced another record ENI earnings per share of $1.30 compared to 77c in the fourth quarter of 2023. ENI for the fourth quarter of 2024 was $49M compared to $32.6M in the fourth quarter of 2023.”

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue