Benzinga | Jul 27, 2021 11:13AM EDT

Affiliated Managers Group Earnings Preview

Affiliated Managers Group (NYSE:AMG) announces its next round of earnings this Wednesday, July 28. Here is Benzinga's everything-that-matters guide for this Wednesday's Q2 earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Wall Street analysts see Affiliated Managers Group reporting earnings of $3.83 per share on revenue of $566.26 million. In the same quarter last year, Affiliated Managers Group reported earnings per share of $2.74 on revenue of $471.10 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The analyst consensus estimate would represent a 39.78% increase in the company's earnings. Revenue would be up 20.2% from the year-ago period. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up: Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020EPS Estimate 3.69 3.71 2.84 2.73EPS Actual 4.28 4.22 3.27 2.74Revenue Estimate 553.38 M 513.50 M 467.97 M 445.67 MRevenue Actual 559.10 M 554.40 M 494.80 M 471.10 M

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Shares of Affiliated Managers Group were trading at $169.42 as of July 26. Over the last 52-week period, shares are up 140.31%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Affiliated Managers Group is scheduled to hold the call at 08:30:00 ET and can be accessed here.