Skip to main content

Affiliated Managers Group, Inc. (AMG) is expected to report net income of $163 million, or $3.19 a share, on sales of $540.7 million before the market opens on Monday, based on a FactSet survey of 9 analysts.

In the same period a year ago, the company posted earnings of $3.61 a share on sales of $600.1 million. It reported net income of $153 million.

The stock has fallen 8.8% since the company last reported earnings on May. 6.

Quarterly estimates have risen less than 1 cent a share in the past month.

Affiliated Managers Group is currently trading at a price-to-forward-earnings ratio of 6.3 based on the 12-month estimates of 9 analysts surveyed by FactSet.

In the upcoming quarter analysts are forecasting net income of $162.9 million, or $3.22 a share, on sales of $547.2 million.

Jim Cramer and the Action Alerts Plus team are watching the Capital Markets sector. To find out more about what stocks they like in the industry click here now to get more from Action Alerts PLUS.

Introducing TheStreet Courses: Financial titans Jim Cramer and Robert Powell are bringing their market savvy and investing strategies to you. Learn how to create tax-efficient income, avoid top mistakes, reduce risk and more. With our courses, you will have the tools and knowledge needed to achieve your financial goals. Learn more about TheStreet Courses on investing and personal finance here.