Artisan Partners Asset Management Inc. (NYSE:APAM) is scheduled to announce its earnings results after the market closes on Monday, July 24th. Analysts expect the company to announce earnings of $0.58 per share for the quarter.

Artisan Partners Asset Management (NYSE:APAM) last issued its quarterly earnings results on Thursday, April 27th. The asset manager reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.03. Artisan Partners Asset Management had a return on equity of 61.99% and a net margin of 10.47%. The company had revenue of $184.10 million during the quarter, compared to analyst estimates of $182.36 million. During the same period in the previous year, the company earned $0.51 earnings per share. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. On average, analysts expect Artisan Partners Asset Management to post $2.35 EPS for the current fiscal year and $2.55 EPS for the next fiscal year.

Artisan Partners Asset Management Inc. (NYSE APAM) opened at 31.80 on Monday. The stock’s 50 day moving average price is $29.04 and its 200-day moving average price is $28.85. Artisan Partners Asset Management Inc. has a one year low of $24.48 and a one year high of $32.20. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of 20.00 and a beta of 1.73.

Several analysts recently weighed in on the company. Keefe, Bruyette & Woods reissued a “buy” rating and set a $32.00 price target on shares of Artisan Partners Asset Management in a report on Friday. ValuEngine raised Artisan Partners Asset Management from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. BidaskClub raised Artisan Partners Asset Management from a “hold” rating to a “buy” rating in a report on Friday, June 30th. Zacks Investment Research raised Artisan Partners Asset Management from a “hold” rating to a “buy” rating and set a $33.00 price target for the company in a report on Monday, June 5th. Finally, Jefferies Group LLC reissued a “hold” rating and set a $32.00 price target on shares of Artisan Partners Asset Management in a report on Friday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $29.56.

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Artisan Partners Asset Management Company Profile

Artisan Partners Asset Management Inc is an investment management company. The Company provides a range of the United States, non-United States and global investment strategies, each of which is managed by one of its investment teams. The Company provides investment management services to separate accounts, mutual funds and other pooled investment vehicles.

Earnings History for Artisan Partners Asset Management (NYSE:APAM)

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