Associated Capital: 1Q Earnings Snapshot

May 6, 2020 GMT

GREENWICH, Conn. (AP) _ Associated Capital Group Inc. (AC) on Wednesday reported a first-quarter loss of $73.4 million, after reporting a profit in the same period a year earlier.

The Greenwich, Connecticut-based company said it had a loss of $3.27 per share.

The asset manager posted revenue of $4.4 million in the period.

Associated Capital shares have fallen 8% since the beginning of the year. The stock has fallen roughly 9% in the last 12 months.


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