Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Fund Firms Seen To Chalk Up Rise in Q2 Profits Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, July 23, 2007

Fund Firms Seen To Chalk Up Rise in Q2 Profits

by: Erin Kello

Asset management firms scheduled to release numbers for the second quarter this week are expected to post increases in profits on the back of a rising stock market, The WSJ reports. T. Rowe Price, slated to come out with its Q2 results on Wednesday, is expected to report an EPS of 58 cents per share, compared with 49 cents last year. Also reporting Wednesday is Affiliated Managers Group, which Thompson analysts predict will report an EPS of $1.49 a share, compared with $1.30. Analysts also feel that AMG could be gearing up from more acquisitions, as the this strategy is part of its business model. Franklin, reporting Thursday , is expected to post an EPS of $1.80 a share, up from $1.41 a share in the same period last year. Another investment management firm reporting Thursday is Janus, which is predicted to report a 24 cent EPS, up from 15 cents last year.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use