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Calamos Asset Management Earnings Preview

Calamos Asset Management (Nasdaq: CLMS  ) came in under analyst's estimates last quarter, but now have a chance to fix things this quarter. The company will unveil its latest earnings on Tuesday, August 2. Calamos Asset Management mainly provides investment advisory services to individuals and institutional investors through open-end funds, closed-end funds, separate accounts, offshore funds and partnerships.

What analysts say:

  • Buy, sell, or hold?: That rating hasn't budged in three months as analysts have remained steadfast in their opinion of the stock.
  • Revenue Forecasts: On average, analysts predict $92.6 million in revenue this quarter. That would represent a rise of 15.1% from the year-ago quarter.
  • Wall Street Earnings Expectations: The average analyst estimate is earnings of $0.26 per share. Estimates range from $0.25 to $0.28.

What our community says:
CAPS All-Stars are solidly backing the stock with 96.8% awarding it an "outperform" rating. The community at large concurs with the All-Stars with 91.1% granting it a rating of "outperform." Fools have embraced Calamos Asset Management, though the message boards have been quiet lately with only 49 posts in the past 30 days. Calamos Asset Management has a bullish CAPS rating of five out of five stars that is about on par with the Fool community assessment.

Management:
Calamos Asset Management's profit has risen year over year by an average of 65.3%. A year-over-year revenue decrease last quarter snaps a streak of three consecutive quarters of revenue increases.

Now let's look at how efficient management is at running the business. Traditionally, margins represent the efficiency with which companies capture portions of sales dollars. The following table shows net margins over the past four quarters. 

Quarter Q1 Q4 Q3 Q2
Net Margin 5.2% 6.7% 6% 5.4%

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DocumentId: 1526456, ~/Articles/ArticleHandler.aspx, 5/26/2012 10:46:12 AM

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Related Tickers

5/25/2012 4:00 PM
CLMS $11.12 Down -0.07 -0.63%
Calamos Asset Mana… CAPS Rating: ***

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