AssetMark Financial: 3Q Earnings Snapshot

November 6, 2019 GMT

CONCORD, Calif. (AP) _ AssetMark Financial Holdings Inc. (AMK) on Tuesday reported a loss of $3.7 million in its third quarter.

The Concord, California-based company said it had a loss of 5 cents per share. Earnings, adjusted for one-time gains and costs, came to 25 cents per share.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 25 cents per share.

The financial services company posted revenue of $110.1 million in the period.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMK at https://www.zacks.com/ap/AMK