Recap: AssetMark Financial Hldgs Q1 Earnings

AssetMark Financial Hldgs AMK reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:15 PM.

Here's what investors need to know about the announcement.

AssetMark Financial Hldgs missed estimated earnings by 1.85%, reporting an EPS of $0.53 versus an estimate of $0.54.

Revenue was up $28.26 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 13.6% increase in the share price the next day.

Here's a look at AssetMark Financial Hldgs's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.44	0.42	0.40	0.38
EPS Actual	0.46	0.47	0.44	0.39
Revenue Estimate	150.08M	133.01M	123.84M	114.49M
Revenue Actual	164.13M	154.66M	151.21M	148.30M

To track all earnings releases for AssetMark Financial Hldgs visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.