Core Viewpoint - BrightSphere Investment Group (BSIG) has been upgraded to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Ratings - The Zacks rating system is based on the Zacks Consensus Estimate, which reflects EPS estimates from sell-side analysts for the current and following years [2]. - The Zacks rating upgrade indicates a positive outlook on BrightSphere's earnings, likely leading to increased buying pressure and a rise in stock price [4][6]. Impact of Earnings Estimate Revisions - Changes in a company's future earnings potential, as shown by earnings estimate revisions, are strongly correlated with near-term stock price movements [5][7]. - Rising earnings estimates for BrightSphere suggest an improvement in the company's underlying business, which should encourage investors to push the stock price higher [6]. Performance of Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [8]. - The upgrade of BrightSphere to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, indicating a strong potential for price movement in the near term [12]. Earnings Estimate Details - BrightSphere is expected to earn $2.22 per share for the fiscal year ending December 2024, reflecting a year-over-year increase of 24.7% [9]. - Over the past three months, the Zacks Consensus Estimate for BrightSphere has increased by 9.9%, indicating a positive trend in earnings expectations [9].

Here are three stocks with buy rank and strong value characteristics for investors to consider today, May 28: Brinker International, Inc. (EAT) : This chain restaurant company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days. Brinker International has a price-to-earnings ratio (P/E) of 16.84 compared with 42.60 for the industry. The company possesses a Value Score of A. BrightSphere Investment Group Inc. (BSIG) : This ...

Superior Group of Companies (SGC) : This company which, manufactures and sells apparel and accessories principally in the United States and internationally, has seen the Zacks Consensus Estimate for its current year earnings increasing 6.3% over the last 60 days. Gladstone Commercial (GOOD) : This company which is a publicly traded real estate investment trust that focuses on investing in and owning triple-net leased industrial and commercial real estate properties and selectively making long-term mortgage ...

10 Table of Contents BrightSphere Investment Group Inc. Use of estimates In November 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2023-07 - Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures. The amendment requires annual and interim disclosures of significant segment expenses that are regularly provided to the chief operating decision maker by reportable segment and clarifies that single reportable segment entities are re ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks with the ...

BrightSphere Investment Group Inc. (NYSE:BSIG) Q1 2024 Results Conference Call May 2, 2024 11:00 AM ET Company Participants Melody Huang - SVP Director of Finance and Investor Relations Suren Rana - President and Chief Executive Officer Conference Call Participants Michael Cyprys - Morgan Stanley John Dunn - Evercore ISI Kenneth Lee - RBC Capital Markets Operator Ladies and gentlemen, thank you for standing by. Welcome to the BrightSphere Investment Group Earnings Conference Call and Webcast for the First Q ...

BrightSphere Investment Group (BSIG) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 29.41%. A quarter ago, it was expected that this asset manager would post earnings of $0.58 per share when it actually produced earnings of $0.77, delivering a surprise of 32.76%.Over the last four qu ...

Exhibit 99.1 . U.S. GAAP earnings per share of $0.37 for the quarter, compared to $0.28 for Q1'23 U.S. GAAP net income attributable to controlling interests of $14.6 million for the quarter, compared to $12.0 million f . . ENI earnings per share of $0.44 for the quarter, compared to $0.28 for Q1'23 AUM of $110.4 billion at March 31, 2024 compared to $103.7 billion at December 31, 2023 . . 83%, 91% and 93% of strategies by revenue beat their respective benchmarks over the prior 3-, 5-, and 10- year period . ...

BrightSphere Investment Group (BSIG) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked ...

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Is BrightSphere Investment Group (BSIG) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.BrightSphere Investment Group is one of 861 companies in the Finance group. The Finance group currently sits at #8 within the Zacks Sector Rank. The Zacks Sector Ra ...