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Acadian Asset Management (AAMI)
NYSE:AAMI
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.49Last Year’s EPS
0.44Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 06, 2025
|% Change Since: 7.13%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
The earnings call presented a largely positive outlook for Acadian Asset Management, with record ENI EPS growth and strong adjusted EBITDA performance. Positive net client cash flows and robust investment performance further underscore the company's success. However, mixed market conditions and upcoming debt maturity present challenges that need careful management.Company Guidance
During the call, Acadian Asset Management Inc. reported robust financial results for the fourth quarter of 2024, highlighting a 69% increase in ENI EPS to $1.30 from $0.77 in Q4 2023, driven by a 50% growth in ENI. The company's adjusted EBITDA rose by 41% to $73 million compared to the previous year. For the full year, ENI reached $106 million, and adjusted EBITDA was $177 million, marking increases of 40% and 32%, respectively. The company also reported positive net client cash flows of $900 million for Q4 and $1.8 billion for the entire year, the first positive annual net flow since 2019. Acadian achieved record gross sales of $21 billion in 2024 and highlighted a strong investment performance with more than 90% of strategies by revenue outperforming their benchmarks over three, five, and ten-year periods. The company ended the year with $95 million in cash, supported by a debt to adjusted EBITDA ratio of 1.5 times.Record ENI EPS Growth
ENI EPS reached $1.30 in Q4 2024, marking a 69% increase compared to Q4 2023. The full-year 2024 ENI EPS was $2.76, a 55% increase from 2023.
Strong Adjusted EBITDA Performance
Adjusted EBITDA was $73 million in Q4 2024, up 41% from Q4 2023. For the full year of 2024, adjusted EBITDA was $177 million, a 32% increase from the prior year.
Positive Net Client Cash Flows
Net client cash flows for Q4 2024 were positive by $900 million, contributing to total positive net flows of $1.8 billion for the year, the first positive annual net flow since 2019.
High Investment Performance
More than 90% of the strategies by revenue and assets outperformed their respective benchmarks over three, five, and ten-year periods. The firm generated annualized excess returns of approximately 4% over the most recent five years.
Expansion of Distribution and Product Offerings
The company expanded its distribution team and product offerings, including enhanced equity, extensions equity, systematic credit, and equity alternatives platforms.
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AAMI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AAMI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 06, 2025 | $24.14 | $25.19 | +4.35% |
| Oct 31, 2024 | $26.35 | $26.37 | +0.08% |
| Aug 01, 2024 | $26.16 | $24.24 | -7.34% |
| May 02, 2024 | $22.38 | $22.58 | +0.89% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Acadian Asset Management (AAMI) report earnings?
Acadian Asset Management (AAMI) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Acadian Asset Management (AAMI) earnings time?
Acadian Asset Management (AAMI) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AAMI EPS forecast?
AAMI EPS forecast for the fiscal quarter 2025 (Q1) is 0.49.
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