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Core Insights - Zacks Premium provides tools for investors to enhance their stock market strategies and confidence [1] - The Zacks Style Scores offer a systematic approach to evaluate stocks based on value, growth, and momentum [2][3][4] Zacks Style Scores - The Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [2][3][4] - Value Score emphasizes identifying undervalued stocks using financial ratios like P/E and Price/Sales [2] - Growth Score assesses a company's potential for long-term growth based on earnings and sales projections [3] - Momentum Score tracks price trends to identify favorable investment opportunities [3] - VGM Score combines all three styles to highlight stocks with the best overall potential [4] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to help investors build successful portfolios [5] - Stocks rated 1 (Strong Buy) have historically outperformed the S&P 500, with an average annual return of +25.41% since 1988 [5] - The model includes a large number of stocks, making it essential for investors to filter based on Style Scores for optimal selection [5][6] Affiliated Managers Group (AMG) - AMG is a global asset manager with a current Zacks Rank of 3 (Hold) and a VGM Score of B [7] - The company has a strong Momentum Style Score of A, with shares increasing by 3.6% over the past month [7] - Recent upward revisions in earnings estimates indicate positive momentum, with the Zacks Consensus Estimate rising by $1.08 to $21.15 per share for fiscal 2024 [7] - AMG has an average earnings surprise of 7.1%, making it a noteworthy option for investors [7]

Affiliated Managers Group, Inc. (NYSE:AMG) Q4 2023 Earnings Conference Call February 6, 2024 8:30 AM ET Company Participants Patricia Figueroa - IR Jay Horgen - President and CEO Thomas Wojcik - CFO Conference Call Participants Bill Katz - TD Cowen Alex Blostein - Goldman Sachs Craig Siegenthaler - Bank of America Dan Fannon - Jefferies Brian Bedell - Deutsche Bank Patrick Davitt - Autonomous Research Operator Greetings and welcome to the AMG Fourth Quarter 2023 Earnings Call. [Operator Instructions] I woul ...

Affiliated Managers Group Inc.’s (AMG) fourth-quarter 2023 economic earnings of $6.86 per share handily outpaced the Zacks Consensus Estimate of $6.00. The bottom line, however, declined 7.3% from the prior-year number.Results were aided by lower expenses and improvement in assets under management (AUM) balance, partially offset by a decline in revenues. Further, the company had a robust liquidity position.Economic net income was $242.9 million, down 16.3% year over year. Our estimate for this metric was $1 ...

        Company reports EPS of $5.15, Economic EPS of $6.86 in the fourth quarter of 2023 EPS of $17.42, Economic EPS of $19.48 for the full year 2023 Net income (controlling interest) of $673 million, Economic Net Income (controlling interest) of $718 million(i)Completed investment in Ara Partners, a private markets firm specializing in industrial decarbonization, further enhancing AMG's exposure to secular growth areasRepurchased $574 million in common stock or approximately 10% of our shares outstanding ...

Affiliated Managers Group Inc. (AMG) is slated to report fourth-quarter and full-year 2023 results on Feb 5, before the opening bell. Its quarterly earnings and revenues are expected to have declined in the quarter on a year-over-year basis.In the last reported quarter, the company’s earnings outpaced the Zacks Consensus Estimate. Results benefited from lower expenses, partly offset by a decline in the assets under management (AUM) balance and revenues.The company boasts an impressive earnings surprise hist ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Affiliated Managers Group (AMG) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, th ...

WEST PALM BEACH, Fla., Jan. 29, 2024 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment firms globally, today announced the appointment of independent Board member Reuben Jeffery III as Chair, effective January 26, 2024. Most recent Board Chair Dwight D. Churchill will continue to serve on AMG's Board of Directors, including as Chair of its Nominating and Governance Committee. Mr. Jeffery has served as a Director of the Company since April 2020. He served as President and Chief Executive O ...

One stock that might be an intriguing choice for investors right now is Affiliated Managers Group, Inc. (AMG) . This is because this security in the Financial - Investment Management space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguabl ...

Core Viewpoint - Affiliated Managers Group (AMG) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations and favorable earnings estimates changes [1][2]. Earnings Performance - AMG has a solid track record of beating earnings estimates, with an average surprise of 6.57% over the past two quarters [1]. - In the last reported quarter, AMG achieved earnings of $4.08 per share, surpassing the Zacks Consensus Estimate of $3.78 per share by 7.94% [1]. - For the previous quarter, AMG's earnings were $4.45 per share against an expected $4.23 per share, resulting in a surprise of 5.20% [1]. Earnings Estimates - Recent changes in earnings estimates for AMG have been favorable, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [2]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [2]. Earnings ESP Metric - The Earnings ESP for AMG is currently +1.48%, indicating increased analyst optimism regarding its near-term earnings potential [3]. - A positive Earnings ESP combined with a Zacks Rank of 3 suggests a high probability of another earnings beat [3]. Importance of Earnings ESP - The Earnings ESP is a critical metric for predicting earnings performance, as it compares the Most Accurate Estimate to the Zacks Consensus Estimate [3]. - A negative Earnings ESP can reduce predictive power but does not necessarily indicate an earnings miss [3].