Artisan Partners Asset Management Inc. (APAM) on Tuesday reported
third-quarter profit of $30.7 million.
On a per-share
basis, the Milwaukee-based company said it had net income of 61
cents. Earnings, adjusted for non-recurring costs, were 65 cents per
surpassed Wall Street expectations. The average estimate of three
analysts surveyed by Zacks Investment Research was for earnings of
63 cents per share.
management firm posted revenue of $204.6 million in the period.