Affiliated Managers Group Inc. (AMG) reported third-quarter net income of $17.769 million or $0.40 per share compared to $16.471 million or $0.39 per share last year.
Adjusted net income increased to $17.805 million from $16.519 million last year.
Cash net income decreased to $45.629 million or $1.05 per share from $52.804 million or $1.28 per share last year.
On average, 10 analysts polled by Thomson Reuters expected the company to report profit of $1.04 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue decreased to $217.461 million from $290.824 million last year. Analysts expected revenue of $227.88 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.