Will Affiliated Managers (AMG) Beat Estimates Again in Its Next Earnings Report?

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].