Equities analysts expect that AssetMark Financial Holdings (NYSE:AMK) will announce earnings per share (EPS) of $0.25 for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for AssetMark Financial’s earnings, with estimates ranging from $0.23 to $0.27. The firm is expected to report its next earnings report on Wednesday, November 27th.
According to Zacks, analysts expect that AssetMark Financial will report full year earnings of $0.92 per share for the current fiscal year, with EPS estimates ranging from $0.89 to $0.96. For the next year, analysts anticipate that the firm will post earnings of $1.07 per share, with EPS estimates ranging from $1.01 to $1.11. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow AssetMark Financial.
AssetMark Financial (NYSE:AMK) last released its earnings results on Wednesday, August 28th. The company reported $0.17 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.17. The firm had revenue of $104.48 million for the quarter, compared to analyst estimates of $102.80 million.
In other AssetMark Financial news, major shareholder Securities Co. Ltd. Huatai sold 8,125,000 shares of the business’s stock in a transaction that occurred on Monday, July 22nd. The shares were sold at an average price of $20.57, for a total transaction of $167,131,250.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
AssetMark Financial stock traded down $0.07 during trading hours on Friday, hitting $25.50. 1,975 shares of the stock were exchanged, compared to its average volume of 294,217. The company has a current ratio of 2.56, a quick ratio of 2.56 and a debt-to-equity ratio of 0.34. AssetMark Financial has a 12 month low of $22.87 and a 12 month high of $29.37. The stock has a 50-day moving average of $26.54.
AssetMark Financial Company Profile
AssetMark Financial Holdings, Inc provides wealth management and technology solutions in the United States. The company offers an open-architecture product platform, as well as client advice, asset allocation options, practice management, support services, and technology to the financial adviser channel.
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