Recap: Artisan Partners Asset Q4 Earnings

Shares of Artisan Partners Asset APAM moved higher by in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were up 41.33% year over year to $1.06, which beat the estimate of $1.02.

Revenue of $261,100,000 rose by 25.29% from the same period last year, which beat the estimate of $258,260,000.

Looking Ahead

Artisan Partners Asset hasn't issued any earnings guidance for the time being.

Artisan Partners Asset hasn't issued any revenue guidance for the time being.

Technicals

52-week high: $55.25

Company's 52-week low was at $17.69

Price action over last quarter: Up 27.10%

Company Description

Artisan Partners Asset Management Inc is a global investment management firm providing a range of investment strategies to a diverse group of clients around the world. Each of the company's strategies is managed by one of its several investment teams. Investment management services are primarily offered to institutions through separate accounts and mutual funds. Artisan's investment offerings include several long-only, equity investment strategies across a multitude of market capitalization segments and investing styles in both the United States and international markets. In addition to its equity strategies, customers may invest in a fixed-income strategy. Strategies are often distributed to customers ranging from retail investors to institutional investors through specialized channels.