AMG Provides Earnings Guidance for the Full Year of 2017
January 30, 2017 at 07:00 pm IST
AMG provided earnings guidance for the full year of 2017. With this change in updating for markets, the company now expects 2017 economic earnings per share to be in a range of $13.75 to $15.75. The company expects the GAAP tax rate to be approximately 33%, both in the first quarter and for the full year 2017. In addition, the company expects cash tax rate to be approximately 21% in the first quarter and 23% for the full year 2017.