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Associated Capital: Q4 Earnings Snapshot

GREENWICH, Conn. (AP) — GREENWICH, Conn. (AP) — Associated Capital Group Inc. (ACGP) on Wednesday reported fourth-quarter earnings of $11.1 million.

On a per-share basis, the Greenwich, Connecticut-based company said it had profit of 54 cents.

The asset manager posted revenue of $20.1 million in the period.

For the year, the company reported profit of $53 million, or $2.52 per share. Revenue was reported as $26.9 million.

Associated Capital shares have dropped slightly more than 9% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $34, a fall of slightly more than 5% in the last 12 months.

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

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