NYSE$AMG
Affiliated Managers Group · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
AMG reported EPS of $0.46 and Economic EPS of $4.52 in fourth quarter
AMG reported Economic earnings per share of $4.52 and year-over-year EBITDA growth of 5%, reflecting strong Affiliate investment performance and related performance fees. Net client cash flows of ($11.3) billion were driven primarily by certain quantitative strategies and seasonal client redemptions.
- AMG reported Economic earnings per share of $4.52.
- Year-over-year EBITDA growth was 5%.
- Net client cash flows were ($11.3) billion.
- The company repurchased $110 million in common stock during the quarter.
Headline financials
Revenue & EPS history
AMG · Revenue · Quarterly
$556M
Forward guidance
Looking ahead, we are well-positioned to generate growth over time, given our Affiliates’ strong long-term performance records — particularly in fundamental and relative value strategies — along with their business momentum in growing areas such as private markets, wealth management, and fixed income.
Tailwinds
- Affiliates’ strong long-term performance records
- Business momentum in growing areas
- Investment in growth opportunities
- Advancing discussions with prospective Affiliates
- Commitment to returning excess capital to shareholders
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 Q4 2019
+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% | — | — |
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