Keefe,Bruyette,Woods States Calamos Reports In-Line Quarter with Solid Flow

Keefe,Bruyette,Woods States Calamos (CLMS) reported a strong quarter yesterday according to analysts. Their analysts reported, "CLMS reported 1Q EPS ROCK [$0.23, $0.25, $0.26, $0.25]. Overall, we thought it was an in-line quarter, with solid flows and higher operating income. Hedging losses partially offset unrealized gains and added noise to reportedEPS. AUM and net flows were previously reported. Adjust EPS and leave price target. Maintain Outperform rating." The stock price of shares of Calamos (CLMS) was 16.63 at market close yesterday.