Earnings Outlook For Artisan Partners Asset

Artisan Partners Asset APAM unveils its next round of earnings this Tuesday, February 02. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Analysts covering Artisan Partners Asset modeled for quarterly EPS of $1.02 on revenue of $258.26 million. In the same quarter last year, Artisan Partners Asset reported earnings per share of $0.75 on sales of $208.40 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to match the consensus estimate when it reports Tuesday, earnings would be up 36.0%. Revenue would be up 23.93% from the year-ago period. Here is how the Artisan Partners Asset's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Shares of Artisan Partners Asset were trading at $48.42 as of January 29. Over the last 52-week period, shares are up 40.05%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Artisan Partners Asset is scheduled to hold the call at 13:00:00 ET and can be accessed here.