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Affiliated Managers Q3 Earnings Coming Up: Here's What You Should Know

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Key Takeaways

  • AMG is set to report Q3 earnings on Nov. 9, with earnings and revenues expected to rise year over year.
  • AMG's Q3 consensus EPS estimate of $8.70 implies 42.6% growth, while revenues are projected to climb 18.5%.
  • Affiliated Managers expects adjusted EBITDA of $315-$325 million and net income of $173-$181 million.

Affiliated Managers Group Inc. (AMG - Free Report) is slated to report third-quarter 2026 results on Nov. 9, before the opening bell. Its quarterly earnings and revenues are expected to have improved year over year.

In the last reported quarter, AMG’s earnings beat the Zacks Consensus Estimate. Results benefited from record assets under management (AUM) balance and higher revenues. A rise in expenses was the undermining factor.

The company boasts an impressive earnings surprise history. Its earnings surpassed the consensus estimate in each of the trailing four quarters, with the average beat being 5.05%.
 

Key AMG Management Expectations for Q3

Management expects adjusted EBITDA in the $315-$325 million range. This is based on the current AUM levels, recurring fee-related earnings of $315 million, no material private markets catch-up fees and net performance fees of up to $10 million.

Interest expenses are expected to be $40 million. Controlling interest depreciation is likely to be $1 million.

Net income (controlling interest) is expected to be between $173 million and $181 million. The company’s share of reported amortization and impairments is anticipated to be $34 million.

Intangible-related deferred taxes are projected to be $13 million. Other economic items, which now include realized gains, are anticipated to be roughly $1 million.

Earnings Whispers for Affiliated Managers

Our quantitative model predicts an earnings beat for Affiliated Managers this time. This is because it has the right combination of the two key ingredients — a positive Earnings ESP and a Zacks Rank #3 (Hold) or better. 

You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.

Earnings ESP: The Earnings ESP for Affiliated Managers is +1.00%.

Zacks Rank: The company currently carries a Zacks Rank #2 (Buy).

AMG’s Earnings & Sales Projections for Q3

The Zacks Consensus Estimate for AMG’s earnings is pegged at $8.70, which has moved 1.4% higher over the past month. The figure indicates a 42.6% jump from the year-ago quarter.

The company’s economic net income (controlling interest) is projected in the range of $222-$229 million. Economic earnings per share are expected to be between $8.43 and $8.71.

The consensus estimate for sales is pegged at $625.7 million, indicating 18.5% growth.

Other Finance Stocks to Consider

Here are a couple of other stocks you may want to consider, as our model shows they too have the right combination of factors to post an earnings beat this time around.

Navient Holdings, Inc. (NAVI - Free Report) is scheduled to announce third-quarter 2026 numbers tomorrow. The company has an Earnings ESP of +4.92% and carries a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Quarterly earnings estimates for Navient have been revised upward to 15 cents over the past 30 days.

The Earnings ESP for Moelis & Company (MC - Free Report) is +1.20%, and it carries a Zacks Rank #3 at present. The company is slated to report quarterly numbers on Nov. 5. 

Over the past 30 days, the Zacks Consensus Estimate for Moelis & Company’s quarterly earnings has been revised upward at 69 cents.

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