Post-earnings recap
Reported
Tue, Apr 28, 2026
EPS actual
$0.87
EPS est.
$0.91
EPS surprise
-4.40%
1-day move
-0.79%
The earnings report indicates that Artisan Partners faced challenges this quarter, leading to an EPS miss. The stock reacted negatively, declining by 0.79%. Investors may be concerned about the lack of revenue details and the absence of guidance, which could signal uncertainty about future performance.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.87 | $0.93 | -4.40% |
| Revenue | N/A | $304M | N/A |
Overall, management expressed caution regarding current market dynamics. They highlighted their commitment to navigating through these challenges.
Management acknowledged the challenging market conditions impacting performance.
They emphasized a focus on long-term strategies despite short-term setbacks.
Artisan Partners Asset Management Inc. (APAM) is a financial services company that focuses on investment management and asset management. With a market cap of $3 billion, it plays a significant role in managing investments for various clients, including institutions and individuals, which is crucial as investors seek effective management of their assets in a fluctuating market.
Last quarter
In the last quarter, Artisan Partners reported an EPS of $1.26, exceeding expectations by 13.51%. However, the stock price fell by 1.94% the following day, indicating market skepticism despite the positive earnings surprise.
EPS beat streak
1Q
EPS beat rate
75%
Avg EPS surprise
+3.81%
Avg 1-day reaction
-0.38%
Analysts expect Artisan Partners to report solid earnings this quarter, with a consensus EPS of $0.93 and revenue of $304 million. The market is keenly observing how the company navigates current market conditions.
Bull case
If Artisan delivers an EPS above $0.93, it could signal strong demand for its investment strategies and potentially lead to a positive stock reaction.
Bear case
Conversely, if the company misses the EPS target, it may raise concerns about its ability to manage assets effectively in a challenging market environment.
Key metrics to watch
EPS
0.93Earnings per share (EPS) is a key indicator of the company's profitability and is closely watched by investors.
Revenue
304MTotal revenue gives insight into the company's overall business performance and growth trajectory.
The print will turn on these.
Q1
Will EPS exceed the consensus estimate of $0.93?
A beat on EPS could indicate stronger-than-expected demand for Artisan's investment services, positively influencing investor sentiment.
Q2
What commentary will management provide on revenue growth?
Insights into revenue trends will help investors gauge the company's performance and outlook in the current economic climate.
—
Est. EPS
$1.52
Est. Rev
$3.6B
Impl. Move
±39.2%
Why consensus could be wrong
The consensus may underestimate the potential for Artisan to outperform given its recent strong EPS surprises, which indicate a robust operational strategy.
Supporting evidence
Artisan has a history of beating EPS estimates, with a 71% success rate over the past quarters.
The options market is pricing a larger move than historical averages, suggesting heightened expectations.
Recent performance trends indicate a potential for revenue growth that could exceed current estimates.
Key risk
If the company reports an EPS below $0.91, it could significantly undermine the current positive sentiment.
Pre-commit to what would confirm each case.
This quarter's performance is critical as it reflects the company's resilience and adaptability in a fluctuating financial landscape.
Bull confirmed if
An EPS of $0.95 or higher would confirm strong operational performance and investor confidence.
Bear confirmed if
An EPS below $0.91 would raise concerns about the company's ability to generate profits amid market challenges.
What the market is pricing for the move.
Implied Move
±5.06%
Historical Avg
±1.5%
The options market is pricing in a significant move of over 5%, suggesting that investors anticipate volatility around the earnings announcement.
Options are pricing ±11.8% while APAM has averaged ±1.5% over the last 8 prints — setup is pricing rich.
ATM IV
0.6%
30d HV
24.1%
Smart-money positioning from the most recent 13F filings.
Institutional
100.28%
of float
Insider
2.23%
of float
Holders
511
institutions
Top Holders· as of Jun 2026
Blackrock Inc.
11,198,383 sh · $377.9M
15.77%
8.1%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Artisan beats expectations, history suggests the stock could see a modest increase of around 1.5%, confirming a positive outlook.
In line / cautious
If results are in line with expectations, the stock may experience muted movement as investors await further guidance.
Miss
A miss could lead to a decline of about 0.74%, reflecting investor disappointment and concerns about future performance.
The lines on the call that would change the story.
Kayne Anderson Rudnick Investment Management LLC
5,171,453 sh · $174.5M
7.28%
-7.1%
Vanguard Portfolio Management LLC
4,209,313 sh · $142.1M
5.93%
1.9%
Vanguard Capital Management LLC
3,062,850 sh · $103.4M
4.31%
1.0%
State Street Corporation
2,948,649 sh · $99.5M
4.15%
3.8%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.