 WEST PALM BEACH, Fla. AP _ Affiliated Managers Group Inc. AMG on Monday reported a loss of 15.6 million in its first quarter. On a per-share basis, the West Palm Beach, Florida-based company said it had a loss of 33 cents. Earnings, adjusted for non-recurring costs, came to 3.16 per share. The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 3.14 per share. The asset manager posted revenue of 507.3 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected 483.7 million. Affiliated Managers shares have declined 28 since the beginning of the year. The stock has decreased 46 in the last 12 months. ___ This story was generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on AMG at 