Affiliated Managers Group Q2 Profit Rises - Quick Facts

(RTTNews) - Affiliated Managers Group, Inc. (AMG) reported that its second-quarter net income to controlling interest rose to $64.7 million or $1.18 per share, from $6.6 million or $0.12 per share, last year. Economic net income was $121.1 million or $2.18 per share for the quarter.

On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $2.10 for the quarter. Analysts' estimates typically exclude special items.

Revenue improved to $541.0 million, from $429.6 million prior year. Analysts expected revenue of $526.83 million for the quarter.