GAMCO Forecasts Q2 EPS Up to $1.09, AUM Grows to $36.6B Year-Over-Year
GAMI is trading near its 52-week low of $22.07 (6.5% above the low) on light trading volume (0.1× avg).
Summary
GAMCO Investors announced preliminary Q2 2026 diluted EPS guidance of $1.03 to $1.09 per share, an increase from $0.93 in the same quarter last year. The company also reported a rise in assets under management (AUM) to $36.6 billion as of June 30, 2026, up from $33.4 billion a year prior. This positive pre-announcement indicates strong financial performance and AUM growth for the investment advisory firm. Investors will look for further details when the full financial results are released in early August.
At the time of this announcement, GAMI was trading at $23.51 on OTC in the Finance sector, with a market capitalization of approximately $518M. The 52-week trading range was $22.07 to $25.96. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.