What's Next: Artisan Partners Asset's Earnings Preview

Artisan Partners Asset (NYSE:APAM) is preparing to release its quarterly earnings on Tuesday, 2024-10-29. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Artisan Partners Asset to report an earnings per share (EPS) of $0.88.

Investors in Artisan Partners Asset are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Performance in Previous Earnings

During the last quarter, the company reported an EPS missed by $0.02, leading to a 2.75% drop in the share price on the subsequent day.

Here's a look at Artisan Partners Asset's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.84

0.77

0.74

0.75

EPS Actual

0.82

0.76

0.78

0.75

Price Change %

-3.0%

-3.0%

-1.0%

2.0%

Artisan Partners Asset Share Price Analysis

Shares of Artisan Partners Asset were trading at $43.65 as of October 25. Over the last 52-week period, shares are up 34.15%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analysts' Take on Artisan Partners Asset

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Artisan Partners Asset.

With 1 analyst ratings, Artisan Partners Asset has a consensus rating of Sell. The average one-year price target is $39.5, indicating a potential 9.51% downside.

Comparing Ratings with Peers

In this analysis, we ...