MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, October 26, 2010 Calamos Boosts Earnings Despite Outflows Calamos Asset Management's [see profile] assets and earnings are on the rise, despite net outflows. Today, the Naperville, Illinois-based mutual fund firm reported third quarter earnings of $0.23 per diluted share (up from $0.13 in Q3 2009 and beating analysts' estimates of $0.22, according to Reuters). Calamos' assets rose $2.7 billion last quarter to $32.6 billion on September 30, though the firm suffered $0.4 billion in net redemptions (including $141 million in net mutual fund redemptions). Printed from: MFWire.com/story.asp?s=33831 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |