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Silvercrest Asset Management (SAMG)
NASDAQ:SAMG
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.33Last Year’s EPS
0.33Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 06, 2025
|% Change Since: -10.29%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong performance with record client inflows, revenue growth, and strategic global expansion. However, increased expenses and market depreciation present challenges. Overall, the highlights outweigh the lowlights, indicating a positive outlook for the company.Company Guidance
In the Silvercrest Asset Management Group Inc. Q4 and Full Year 2024 earnings call, the company provided several key metrics and guidance for the future. Silvercrest reported a revenue increase of 5.3% year-over-year, reaching $123.7 million for 2024, with Q4 revenue up 12% to $32 million. The firm's total assets under management (AUM) rose by 9.6% to $36.5 billion, driven by strong net organic flows, including a $1.3 billion seed investment in their global value equity strategy. Discretionary AUM, which drives revenue, increased by 6.4% to $23.3 billion. The company highlighted a robust pipeline of $1.6 billion, excluding new mandates, and expressed optimism about securing significant new organic flows in 2025. Silvercrest plans strategic investments and hires, particularly in Atlanta and Singapore, to drive future growth. Despite increased general and administrative expenses, which rose by 18.5%, compensation expenses were managed carefully, decreasing by 3.4% in Q4 due to lower bonus accruals. The firm aims to maintain a strong dividend policy and considers buybacks as part of its capital return strategy.Record Organic Client Inflows
The firm garnered $1.4 billion in Q4 and $1.5 billion during 2024 in new client assets under management inflows, marking the best year for new organic client inflows since at least 2015.
AUM Growth
Total AUM as of year-end 2024 reached $36.5 billion, up 9.6% from $33.3 billion at year-end 2023. Discretionary AUM rose 6.4% to $23.3 billion.
Revenue Increase
Revenue for the year increased 5.3% to $123.7 million from $117.4 million, with Q4 revenue up 12% over Q4 2023 to $32 million.
Global Expansion Initiatives
Strategic expansions include hiring in Atlanta and Singapore, obtaining a full MAS license for business in Singapore, and pursuing growth opportunities in Europe.
Pipeline Growth
The pipeline increased from $1.2 billion to $1.6 billion, showing strong future growth potential.
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SAMG 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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SAMG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 06, 2025 | $17.20 | $16.98 | -1.28% |
| Oct 31, 2024 | $17.04 | $16.04 | -5.87% |
| Aug 01, 2024 | $16.50 | $15.56 | -5.70% |
| May 02, 2024 | $13.86 | $13.80 | -0.43% |
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 Silvercrest Asset Management (SAMG) report earnings?
Silvercrest Asset Management (SAMG) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Silvercrest Asset Management (SAMG) earnings time?
Silvercrest Asset Management (SAMG) earnings time is at May 01, 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 SAMG EPS forecast?
SAMG EPS forecast for the fiscal quarter 2025 (Q1) is 0.33.
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