Waddell & Reed Financial (WDR) Tops Q4 EPS by 8c

Waddell & Reed Financial (NYSE: WDR) reported Q4 EPS of $0.97, $0.08 better than the analyst estimate of $0.89. Revenue for the quarter came in at $397.2 million versus the consensus estimate of $389.64 million.

On December 31, 2014, assets under management were $123.7 billion, down 4% during the quarter due to outflows, which were partially offset by positive market action. Compared to December 31, 2013, assets under management declined 2%. Average assets under management were $126.9 billion in the quarter.

For earnings history and earnings-related data on Waddell & Reed Financial (WDR) click here.

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