Silvercrest Asset Mgmt Gr SAMG will release its latest quarterly earnings report on Friday 08-03-2024. Here’s what investors need to know ahead of the announcement.
Analysts estimate that Silvercrest Asset Mgmt Gr will report a earning per share (EPS) of $0.36.
Silvercrest Asset Mgmt Gr bulls are hoping to hear the company announce not only that it beat that estimate, but also provide positive guidance, or expected growth, for the next quarter.
New investors should keep in mind that sometimes it’s not the beat or miss that most influences a stock’s price, but the direction (or forecast).
Historical earnings performance
In the last quarter the company missed EPS by $0.02, followed by a 0.34% drop in the stock price the next day.
Here’s a look at Silvercrest Asset Mgmt Gr’s past performance and resulting price change:
| Quarter | Third quarter 2023 | Second quarter 2023 | First quarter 2023 | Fourth quarter 2022 |
|---|---|---|---|---|
| EPS estimate | 0.38 | 0.38 | 0.37 | 0.31 |
| Actual EPS | 0.36 | 0.34 | 0.35 | 0.15 |
| Price change % | -0.0% | 1.0% | -1.0% | -2.0% |
Stock performance
Silvercrest Asset Mgmt Gr shares were trading at $16.92 as of March 5. Over the past 52 weeks, shares have risen 5.68%. Given that these returns are generally positive, long-term shareholders will likely be bullish ahead of the earnings release.
To track all earnings releases for Silvercrest Asset Mgmt Gr, visit their earnings calendar on our site.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.