Acadian Asset Management exceeded earnings and revenue estimates, but faces unfavorable estimate revisions

From Nasdaq

February 6, 2025 8:45 am:

Acadian Asset Management (AAMI) reported quarterly earnings of $1.30 per share, exceeding the Zacks Consensus Estimate of $1.03 per share and up from $0.77 per share a year ago. This marks an earnings surprise of 26.21%. The company has surpassed consensus EPS estimates four times in the last four quarters.

In addition, Acadian Asset Management posted revenues of $167.8 million for the quarter, beating the Zacks Consensus Estimate by 7.42%. The stock has lost 8.3% year-to-date compared to the S&P 500’s gain of 3.1%. Looking ahead, investors are waiting to see how the company’s earnings outlook will impact its performance in the future.

On the flip side, the estimate revisions trend for Acadian Asset Management is unfavorable, resulting in a Zacks Rank #4 (Sell) for the stock. The current consensus EPS estimate for the coming quarter is $0.46 on $109.64 million in revenues, while the estimate for the current fiscal year is $2.62 on $505.16 million in revenues.

Another company in the same industry, Coinbase Global, Inc. (COIN), is set to report its quarterly earnings on February 13. The consensus EPS estimate for the quarter is $0.87 per share, representing a year-over-year change of -16.4%. Revenues are expected to be $1.59 billion, up 67.2% from the year-ago quarter. Investors are advised to stay informed about industry trends and stock performance when considering investment options.

Read more at Nasdaq, Inc.: Acadian Asset Management (AAMI) Q4 Earnings and Revenues Beat Estimates