GAMCO Investors, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2023
January 03, 2024 at 10:14 am EST
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GAMCO Investors, Inc. provided earnings guidance for the fourth quarter and full year 2023. GAMI expects to report fourth quarter 2023 diluted earnings in the range of $0.63 to $0.69 per share versus $0.83 per share for the fourth quarter of 2022.
The company expects to report 2023 diluted earnings in the range of $2.35 to $2.41 per share versus $2.51 per share for 2022.
GAMCO Investors, Inc. is a provider of investment advisory services to open and closed-end funds semi-transparent exchange-traded funds (ETFs), and institutional and private wealth management. The Company manages assets on a fully discretionary basis and invests in a variety of United States and international securities through various investment styles, including value, growth, non-market correlated, and convertible securities. The Company conducts its investment advisory business principally through two subsidiaries: Gabelli Funds, LLC (24 open-end funds, 14 closed-end funds, five actively managed semi-transparent ETFs, and a societe d'investissement a capital variable (SICAV)) and GAMCO Asset Management Inc. (approximately 1,400 institutional and private wealth separate accounts, principally in the United States). It serves various client bases, including institutions, intermediaries, offshore investors, private wealth, and direct retail investors.
GAMCO INVESTORS, INC. 
