Acadian Asset Management (NYSE:AAMI) Announces Earnings Results

Acadian Asset Management (NYSE:AAMI) released its quarterly earnings data on Thursday. The company reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.27, Zacks reports. Acadian Asset Management had a return on equity of 7,606.72% and a net margin of 13.92%.

Acadian Asset Management Trading Up 4.4 %

AAMI opened at $25.21 on Friday. The firm has a market capitalization of $940.84 million, a P/E ratio of 15.28 and a beta of 1.46. Acadian Asset Management has a 1-year low of $20.28 and a 1-year high of $31.52.

About Acadian Asset Management

Acadian Asset Management Inc is a publically owned asset management holding company. The firm provides its services to individuals and institutions. It manages separate client focused portfolios through its subsidiaries. The firm also launches equity mutual funds for its clients. It invests in public equity, fixed income, and alternative investment markets through its subsidiaries.