Recap: BrightSphere Investment Q1 Earnings - BrightSphere Investment (NYSE:BSIG)

BrightSphere Investment BSIG reported its Q1 earnings results on Thursday, May 4, 2023 at 07:04 AM.

Here's what investors need to know about the announcement.

BrightSphere Investment beat estimated earnings by 3.7%, reporting an EPS of $0.28 versus an estimate of $0.27.

Revenue was down $21.10 million from the same period last year.

Last quarter the company beat on EPS by $0.3 which was followed by a 2.79% increase in the share price the next day.

Here's a look at BrightSphere Investment's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.37	0.29	0.42	0.45
EPS Actual	0.67	0.30	0.41	0.52
Revenue Estimate	88.20M	83.80M	105.80M	104.20M
Revenue Actual	122.30M	86.80M	95.50M	112.20M

To track all earnings releases for BrightSphere Investment visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.