Silvercrest Asset Management Group Inc. (NASDAQ:SAMG) is set to announce second quarter earning results on Tuesday 4th August 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, SAMG to report 2Q20 income of $ 0.32 per share.
For the full year, analysts anticipate top line of $ 107.75 million, while looking forward to income of $ 1.28 per share bottom line.
Previous Quarter Performance
Silvercrest Asset Management Group Inc. recorded income for the first quarter of $ 0.36 per share, from the revenue of $ 28.36 million. The quarterly earnings reduced 17.24 percent while revenues compared with the same quarter last year.
The consensus estimates are $ 27.81 million in revenue The bottom line results street analysts by $ 0.09 or , at the same time, top line results outshined analysts by $ 0.55 million or 1.98 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of SAMG was $ 11.31, representing a 82.13 % increase from the 52 week low of $ 6.21 and a 21.24 % decrease over the 52 week high of $ 14.36.
The company has a market capital of $ 162.42 million and is part of the Financial Services sector and Asset Management industry.
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Recent Stock Dividend Announcement
On April 28, 2020, the board of directors authorized quarterly dividend of $ 0.16 per share to holders of record as of the close of business on June 12, 2020, with payment date of June 19, 2020 and ex-dividend date on June 11, 2020.
Conference Call
Silvercrest Asset Management Group Inc. will be hosting a conference call at 8:30 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.silvercrestgroup.com
Silvercrest Asset Management Group Inc., a wealth management firm, provides financial advisory and related family office services in the United States. The company serves ultra-high net worth individuals and families, as well as their trusts; endowments; foundations; and other institutional investors. It also manages funds of funds and other investment funds.
