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Artisan Partners (APAM)
NYSE:APAM
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Earnings Data
Report Date
Feb 04, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
$0.97Last Year’s EPS
$0.78Same Quarter Last Year
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 29, 2024
|% Change Since: 2.17%
|Next Earnings Date:Feb 04, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted Artisan Partners' strong shareholder returns, significant growth in assets under management, and successful fixed income and alternative strategies. However, challenges such as net client cash outflows and capacity management for certain strategies were noted. Overall, the sentiment leans towards positive due to the outweighing of highlights over lowlights.Company Guidance
During Artisan Partners' third-quarter 2024 earnings call, the company highlighted several key metrics and strategic initiatives. Since its IPO in 2013, Artisan has returned $36.47 per share in dividends, exceeding its IPO price of $30 per share, and achieved an annualized total shareholder return of 12.38%, surpassing the S&P 500 and Russell 2000. The firm emphasized its investment in new talent and strategies, leading to significant cash distributions while maintaining financial discipline. Artisan's assets under management reached $168 billion, a 6% increase from the previous quarter and 23% from the prior year. The firm reported net client cash outflows of $750 million for the quarter, offset by an $860 million inflow into its emerging markets debt opportunity strategy. Additionally, Artisan's fixed income and alternative strategies have generated notable performance, with 239 basis points and 331 basis points of average annualized alpha net of fees, respectively. Looking ahead, Artisan expects to record performance fee revenue in the fourth quarter and remains focused on expanding its non-U.S. institutional business and exploring new opportunities, particularly in private real estate.Strong Shareholder Returns Since IPO
Artisan Partners has returned $36.47 per share in dividends since its IPO in 2013, with an annualized total shareholder return of 12.38%, surpassing the S&P 500's 12.05% and the Russell 2000's 7.8%.
Significant Growth in AUM
Assets under management reached $168 billion, increasing by 6% from the last quarter and up 23% year-over-year.
Successful Fixed Income and Alternative Strategies
Since inception, fixed income strategies generated 239 basis points of annualized alpha net of fees, and alternative strategies have generated 331 basis points of annualized alpha net of fees.
Positive Net Inflows for High Income Strategy
The high income strategy saw net inflows of nearly $1.4 billion year-to-date.
Strong Institutional Business Outside the U.S.
The non-U.S. institutional business accounts for 26% of total AUM, with positive single-digit growth this year.
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APAM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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APAM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 29, 2024 | $42.81 | $44.40 | +3.71% |
| Jul 23, 2024 | $41.13 | $40.00 | -2.75% |
| Apr 23, 2024 | $41.38 | $40.21 | -2.83% |
| Jan 30, 2024 | $39.25 | $38.94 | -0.79% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Artisan Partners (APAM) report earnings?
Artisan Partners (APAM) is schdueled to report earning on Feb 04, 2025, TBA Not Confirmed.
What is Artisan Partners (APAM) earnings time?
Artisan Partners (APAM) earnings time is at Feb 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is APAM EPS forecast?
APAM EPS forecast for the fiscal quarter 2025 (Q4) is $0.97.
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