Affiliated Managers Group Earnings Preview: Can This Streak Continue?

Affiliated Managers Group (NYSE:AMG) will report earnings before markets open on Tuesday, April 30th. Affiliated Managers Group, Inc. is a global asset management company that invests in boutique investment management firms. The Company allows the firms in which it invests operational autonomy while providing assistance in strategic matters, marketing, distribution, product development, and operations.

Here is your Cheat Sheet to Affiliated Managers Group Earnings:

Earnings Expectations: Analysts expect earnings of $2.03 per share on revenues of $518.98 million. Currently, the company’s P/E ratio stands at 45.44.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $2.07 to a profit $2.16. For the current year, the average estimate is a profit of $9.35, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Affiliated Managers Group has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,158 841.84 1,358 1,705 1,806
Diluted EPS ($) -0.03 1.38 2.81 3.11 3.28

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 402.40 417.70 429.60 467.30 491.00
Diluted EPS ($) 0.7691 0.71 0.12 1.04 1.409

Past Performance:
Affiliated Managers Group has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)