Acadian Asset Management (AAMI) Misses Q4 Earnings and Revenue Estimates

Acadian Asset Management (AAMI) came out with quarterly earnings of $1.32 per share, missing the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.3 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.35%. A quarter ago, it was expected that this asset manager would post earnings of $0.73 per share when it actually produced earnings of $0.76, delivering a surprise of +4.11%.Over the last four quarters ...