Calamos Asset Management Earnings: What Investors Should Watch

Calamos Asset Management (NASDAQ:CLMS) will report earnings after markets close on Tuesday, May 7th. Calamos Asset Management, Inc. provides investment advisory services to institutions and individuals primarily in the United States. The Company applies an investment process centered on risk management across investment strategies within the equity, balanced, convertible, high yield, and alternative asset classes. Calamos offers mutual fund and separate account products.

Here is your Cheat Sheet to Calamos Asset Management Earnings:

Earnings Expectations: Analysts expect earnings of $0.18 per share on revenues of $71.54 million. Currently, the company’s P/E ratio stands at 12.42.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.18 to a profit $0.17. For the current year, the average estimate is a profit of $0.68, which is worse than the estimate ninety days ago.

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Earnings Trends:

Here’s how Calamos Asset Management has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 391.59 281.74 326.04 352.32 326.68
Diluted EPS ($) -1.24 0.62 0.99 0.77 0.88

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 82.37 85.28 82.68 81.85 76.88
Diluted EPS ($) -0.0032 0.34 0.09 0.23 0.2205

Past Performance:
Calamos Asset Management has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]