Affiliated Managers Group, Inc. · MGRD · Next earnings

Affiliated Managers Group, Inc. reports Monday, Feb 8, 2027

MGRD reports before market open with consensus EPS at $12.04 and revenue at $657.5M. Last quarter: AMG’s Q3 Growth Centers on Alternatives, Inflows and Buybacks

Reports Before market open89 days awayDate estimated Financial Services

What the street expects

Consensus for the coming report
Consensus EPS $12.04 Calendar consensus
Consensus revenue $657.5M Calendar consensus
Report date Feb 8, 2027 Monday, date estimated
Session Before market open 89 days away

Where MGRD left off: FY2026 Q3

Full report

AMG’s Q3 Growth Centers on Alternatives, Inflows and Buybacks

EPS surprise +8.1% Reported $9.50 vs $8.79
Revenue surprise -9.1% Reported $595.2M vs $655.1M
Stock move +1.4% Event window
Subsequent drift -2.2% Up to 20 sessions
Check the math in the surprise calculator >

Guidance sentiment was maintained. The Q4 outlook is adjusted EBITDA of $405 million–$475 million and EPS of $11.37–$13.43, with no material catch-up fees assumed. The analysis also says full-year share-repurchase guidance was raised to above $900 million.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Earnings growth depends on sustained demand for secondary, infrastructure, absolute-return and tax-aware strategies.
  • A larger contribution from alternatives increases exposure to concentration in that part of the business.
  • IRS or U.S. Treasury policy changes could affect tax-aware products.
  • Market volatility could constrain buybacks and affect client inflows.

Questions analysts left open

  • Whether share repurchases face a natural ceiling given AMG’s public float.
  • Why AMG remains public rather than going private.
  • Potential effects of U.S. election outcomes on infrastructure and tax-aware strategies.
  • Whether fee-related earnings growth can persist if tax-aware inflows slow.

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Recent MGRD quarters

All MGRD earnings
+1.4%FY2026 Q3+0.4%FY2026 Q2-0.5%FY2026 Q1+0.5%FY2025 Q4

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.