Core Insights - Silvercrest Asset Management Group Inc. (NASDAQ:SAMG) reported a significant increase in discretionary assets under management (AUM), rising by $687 million in Q3, primarily due to favorable equity market conditions [1] - The firm achieved a record total AUM of $37.6 billion, with discretionary AUM reaching $24.3 billion, reflecting a 3% increase from the previous quarter and an 8% increase year-over-year [1] - Strategic investments have been made to support long-term growth, focusing on expanding intellectual capital and headcount, which has impacted near-term earnings and adjusted EBITDA [2] - The company is actively executing a $25 million share repurchase program, having repurchased approximately $16 million worth of stock by the end of Q3 2025 [3] - Silvercrest plans to distribute a $0.21 per-share dividend in December and anticipates providing equity-based incentives to its professionals soon [3] - Silvercrest operates as a full-service wealth management firm, specializing in financial advisory and family office services for ultra-high-net-worth individuals and institutional clients [4]

分组1 - Virtus Investment Partners reported quarterly earnings of $6.5 per share, exceeding the Zacks Consensus Estimate of $6.41 per share, but down from $7.5 per share a year ago, representing an earnings surprise of +1.35% [1] - The company posted revenues of $188.9 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 1.25%, and down from $212.01 million year-over-year [2] - Virtus shares have declined approximately 7.5% since the beginning of the year, while the S&P 500 has only declined by 0.7% [3] 分组2 - The earnings outlook for Virtus is mixed, with the current consensus EPS estimate for the coming quarter at $5.09 on revenues of $183.9 million, and $25.20 on revenues of $747.96 million for the current fiscal year [7] - The Financial - Investment Management industry, to which Virtus belongs, is currently ranked in the bottom 40% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Another company in the same industry, Silvercrest, is expected to report quarterly earnings of $0.23 per share, reflecting a year-over-year increase of +15%, with a significant revision of the consensus EPS estimate by 30.9% higher over the last 30 days [9]

Core Viewpoint - Blue Owl Capital Inc. reported quarterly earnings of $0.24 per share, exceeding the Zacks Consensus Estimate of $0.23 per share, and showing an increase from $0.21 per share a year ago, representing an earnings surprise of +6.90% [1] Financial Performance - The company posted revenues of $701.47 million for the quarter ended December 2025, which missed the Zacks Consensus Estimate by 0.43%, compared to year-ago revenues of $595.68 million [2] - Over the last four quarters, Blue Owl Capital has surpassed consensus EPS estimates just once and topped consensus revenue estimates two times [2] Stock Performance - Blue Owl Capital shares have declined approximately 19.3% since the beginning of the year, while the S&P 500 has gained 0.5% [3] - The stock is currently rated Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.20 on revenues of $733.74 million, and for the current fiscal year, it is $0.97 on revenues of $3.15 billion [7] - The trend of estimate revisions for Blue Owl Capital was unfavorable prior to the earnings release, which may impact future stock movements [6] Industry Context - The Financial - Investment Management industry, to which Blue Owl Capital belongs, is currently ranked in the bottom 39% of over 250 Zacks industries, suggesting potential challenges ahead [8]

分组1 - Hamilton Lane reported quarterly earnings of $1.55 per share, exceeding the Zacks Consensus Estimate of $1.28 per share, and showing an increase from $1.25 per share a year ago, resulting in an earnings surprise of +21.41% [1] - The company achieved revenues of $198.59 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 2.92%, and up from $168.26 million in the same quarter last year [2] - Hamilton Lane has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] 分组2 - The stock has gained approximately 5.3% since the beginning of the year, outperforming the S&P 500, which has gained 1.9% [3] - The current consensus EPS estimate for the upcoming quarter is $1.36 on revenues of $197.42 million, and for the current fiscal year, it is $5.46 on revenues of $771.44 million [7] - The Zacks Industry Rank for Financial - Investment Management is currently in the bottom 33% of over 250 Zacks industries, indicating potential challenges for stocks in this sector [8]

Core Insights - First Interstate BancSystem (FIBK) reported quarterly earnings of $0.69 per share, exceeding the Zacks Consensus Estimate of $0.59 per share and up from $0.54 per share a year ago [1][2] - The earnings surprise was +16.95%, with the company surpassing consensus EPS estimates three times over the last four quarters [2] - The company posted revenues of $251.9 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 1.18% [3] Earnings Performance - The earnings surprise of +21.05% was noted in the previous quarter, where the expected earnings were $0.57 per share [2] - Over the last four quarters, the company has only topped consensus revenue estimates once [3] Stock Performance - First Interstate BancSystem shares have declined approximately 0.7% since the beginning of the year, contrasting with the S&P 500's gain of 17.2% [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [7] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.60, with projected revenues of $254.65 million, and for the current fiscal year, the estimate is $2.39 on $1.01 billion in revenues [8] - The outlook for the industry, particularly the Banks - Midwest sector, is favorable, ranking in the top 33% of over 250 Zacks industries [9]

Company Overview - Invesco (IVZ) shares increased by 15.3% in the last trading session, closing at $19.92, with a total gain of 17.4% over the past four weeks [1][2] - The stock reached a 52-week high of $20.05 during a rally driven by news of a proposed conversion of the Invesco QQQ Trust from a unit investment trust to an open-end ETF structure, which would allow the company to earn revenues and potential profits [2] Earnings Expectations - Invesco is expected to report quarterly earnings of $0.40 per share, reflecting a year-over-year decline of 7%, while revenues are projected to be $1.11 billion, an increase of 1.9% from the previous year [3] - The consensus EPS estimate for the quarter has been revised 12.7% higher over the last 30 days, indicating a positive trend that typically correlates with price appreciation [4] Industry Context - Invesco is part of the Zacks Financial - Investment Management industry, which includes other companies like Silvercrest (SAMG) [4] - Silvercrest's consensus EPS estimate has remained unchanged at $0.3, indicating no growth compared to the previous year, and it currently holds a Zacks Rank of 3 (Hold) [5]

Core Viewpoint - Armada Hoffler Properties reported quarterly funds from operations (FFO) of $0.25 per share, missing the Zacks Consensus Estimate of $0.26 per share, and down from $0.33 per share a year ago, indicating a -3.85% surprise [1] Financial Performance - The company posted revenues of $63.8 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.74%, compared to $61.88 million in the same quarter last year [2] - Over the last four quarters, Armada Hoffler Properties has exceeded consensus FFO estimates two times and topped consensus revenue estimates three times [2] Stock Performance - Armada Hoffler Properties shares have declined approximately 32.3% since the beginning of the year, while the S&P 500 has decreased by -4.7% [3] - The current consensus FFO estimate for the upcoming quarter is $0.27 on revenues of $63.74 million, and for the current fiscal year, it is $1.06 on revenues of $255.97 million [7] Industry Outlook - The REIT and Equity Trust - Residential industry, to which Armada Hoffler Properties belongs, is currently ranked in the bottom 39% of over 250 Zacks industries, suggesting potential challenges ahead [8]

Core Insights - Silvercrest Asset Management Group Inc. has appointed J. Allen Gray to its Board of Directors, effective immediately [1] - Mr. Gray has nearly 17 years of experience at Silvercrest, significantly contributing to the growth of the institutional asset management business, which now represents approximately 30% of the firm's discretionary assets under management [2] - The Chairman and CEO of Silvercrest, Richard Hough, expressed confidence that Mr. Gray's strategic insights will enhance the firm's growth in institutional asset management and global initiatives [3] Company Overview - Silvercrest was founded in April 2002 as an independent, employee-owned registered investment adviser, with a reported assets under management of $36.5 billion as of December 31, 2024 [5] - The firm operates offices in New York, Boston, Virginia, New Jersey, California, and Wisconsin, providing traditional and alternative investment advisory and family office services to wealthy families and select institutional investors [5] J. Allen Gray's Background - J. Allen Gray is a Managing Director and Head of Institutional business at Silvercrest, previously serving as Managing Partner at Osprey Partners Investment Management and as President of the Osprey Concentrated Large Cap Value Equity Fund [4] - His career includes roles at Radnor Capital Management and Wheat, First Securities, where he was involved in sales, marketing, and client relations [4]