Silvercrest Asset Management

Silvercrest reported Q1 EPS of $0.12 (expectation $0.26) and revenue of $31.4m versus $33.7m expected. Discretionary assets under management fell 3.7% to $23.1bn due to institutional outflows, while higher costs weighed on results. The stock fell 4.19% to $13.26 after the figures. Management, despite the setbacks, announced further global expansion plans, including a planned office in Dublin. » Mere på de.investing.com

Silvercrest Asset Management Group missed expectations for both earnings per share and revenue in the second quarter of 2025, but its stock remained stable on the market. The company reported EPS of $0.21 (30% below forecast) and revenue of $30.7 million (2.17% below expectations), but managed to increase assets under management and announced a new share buyback program. Despite short-term setbacks, CEO Rick Huff and the management team remain optimistic about organic growth and future prospects. » Mere på de.investing.com

Silvercrest Asset Management Group has promoted Jeffrey C. Allen and Alexander I. Waldorf to co-portfolio managers of the US value team, while Roger Vogel will remain lead portfolio manager through 2027. The company reported a decline in revenue and profit for the first quarter of 2025 compared to analyst expectations and announced a $25 million share buyback program. Additionally, two directors were re-elected at the annual meeting, and an annual vote on executive compensation was approved. » Mere på de.investing.com