NYSE$AMG
Affiliated Managers Group · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
AMG reported its financial and operating results, with Economic Earnings per share of $4.67.
AMG reported positive net client cash flows and Economic Earnings per share of $4.67. The company repurchased $327 million in common stock, bringing total share repurchases to $477 million in the first half of the year. As of June 30, 2024, AMG’s aggregate assets under management were approximately $701 billion.
- Economic Earnings per share of $4.67 in the second quarter of 2024.
- Positive net client cash flows in the second quarter, driven by continued strength in private markets fundraising.
- Company repurchased $327 million in common stock during the quarter.
- Assets under management were approximately $701 billion as of June 30, 2024.
Headline financials
Revenue & EPS history
AMG · Revenue · Quarterly
$500M
Forward guidance
AMG's focus on investing in areas of secular demand has enhanced the long-term growth prospects of our business and positions us to capitalize on the current market environment. Looking ahead, we see increasing opportunities to invest for growth, in both new and existing Affiliates, to further evolve our business toward these areas.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2024
+0.7%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+0.7%
Avg return
30 days after
47%
32 / 68 earnings
Positive
+26.4%
Q4 2020
Best reaction
-15.1%
Q1 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.6% | -1.6% | +9.8% | |
| Q4 2025 | +6.8% | +4.8% | -11.7% | |
| Q3 2025 | +8.3% | +9.0% | +14.1% | |
| Q1 2025 | +3.3% | +4.1% | +4.0% | |
| Q4 2024 | +0.2% | -5.2% | -12.5% | |
| Q3 2024 | -8.3% | -4.6% | -4.0% | |
| Q2 2024 | +4.4% | -4.2% | -3.3% | |
| Q1 2024 | -3.0% | -1.7% | -1.2% | |
| Q4 2023 | +3.0% | +4.2% | +6.2% | |
| Q3 2023 | +1.7% | +3.5% | +6.7% | |
| Q2 2023 | -13.5% | -14.2% | -18.6% | |
| Q1 2023 | -0.8% | -1.9% | -3.7% | |
| Q4 2022 | -3.8% | -6.0% | -11.0% | |
| Q3 2022 | +16.0% | +24.2% | +27.5% | |
| Q2 2022 | +1.5% | +2.7% | +0.8% | |
| Q1 2022 | +3.6% | +2.7% | +4.7% | |
| Q4 2021 | +0.4% | -2.8% | -11.0% | |
| Q3 2021 | +12.1% | +10.8% | -0.3% | |
| Q2 2021 | -5.2% | -4.6% | +4.0% | |
| Q1 2021 | +1.1% | +7.7% | +3.2% | |
| Q4 2020 | +26.4% | +31.6% | +25.3% | |
| Q3 2020 | -3.2% | -5.1% | +14.3% | |
| Q2 2020 | -0.9% | -2.1% | +0.1% | |
| Q1 2020 | +13.0% | +7.8% | +20.2% | |
| Q4 2019 | +2.8% | +2.1% | -5.5% | |
| Q3 2019 | +8.7% | +6.2% | +11.1% | |
| Q2 2019 | -3.6% | -9.9% | -16.7% | |
| Q1 2019 | -15.1% | -14.8% | -20.5% | |
| Q4 2018 | +4.8% | -0.1% | +1.4% | |
| Q3 2018 | -0.3% | +1.1% | -1.5% | |
| Q2 2018 | +5.9% | +0.7% | -2.0% | |
| Q1 2018 | -3.5% | -4.9% | -5.4% | |
| Q4 2017 | -5.8% | -8.6% | -12.2% | |
| Q3 2017 | -2.2% | -2.8% | +4.2% | |
| Q2 2017 | +4.1% | +1.1% | -2.6% | |
| Q1 2017 | -6.5% | -6.6% | -7.1% | |
| Q4 2016 | +5.5% | +9.5% | +17.2% | |
| Q3 2016 | -2.5% | -4.0% | +7.4% | |
| Q2 2016 | -3.9% | -0.3% | -3.2% | |
| Q1 2016 | -5.5% | — | — | |
| Q4 2015 | -7.4% | — | — | |
| Q3 2015 | -6.3% | — | — | |
| Q2 2015 | +0.1% | — | — | |
| Q1 2015 | +1.2% | — | — | |
| Q4 2014 | -2.2% | — | — | |
| Q3 2014 | -3.9% | — | — | |
| Q2 2014 | -0.5% | — | — | |
| Q1 2014 | +10.3% | — | — | |
| Q4 2013 | -0.1% | — | — | |
| Q3 2013 | +0.8% | — | — | |
| Q2 2013 | +4.5% | — | — | |
| Q1 2013 | -0.7% | — | — | |
| Q4 2012 | -0.3% | — | — | |
| Q3 2012 | +5.8% | — | — | |
| Q2 2012 | +2.2% | — | — | |
| Q1 2012 | +0.8% | — | — | |
| Q4 2011 | +2.0% | — | — | |
| Q3 2011 | -0.6% | — | — | |
| Q2 2011 | +2.7% | — | — | |
| Q1 2010 | +0.0% | — | — | |
| Q1 2011 | +2.2% | — | — | |
| Q4 2008 | -2.1% | — | — | |
| Q4 2010 | -2.1% | — | — | |
| Q3 2009 | -0.1% | — | — | |
| Q3 2010 | -0.1% | — | — | |
| Q2 2009 | -0.8% | — | — | |
| Q4 2009 | -0.8% | — | — | |
| Q2 2010 | -0.8% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro