Federated Investors (FII) Tops Q3 EPS by 2c
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Federated Investors, Inc. Reports Third Quarter 2016 Earnings; Board Declares Cash Dividend Per Share of $1.25, Including $0.25 Quarterly and $1.00 Special Dividend
October 27, 2016 4:16 PM EDTPITTSBURGH, Oct. 27, 2016 /PRNewswire/ -- Federated Investors, Inc. (NYSE: FII), one of the nation's largest investment managers, today reported earnings per diluted share (EPS) of $0.54 for Q3 2016, compared to $0.42 for the same quarter last year on net income of $54.9 million for Q3 2016, compared to $44.1 million for Q3 2015. Federated reported YTD 2016 EPS of $1.48, compared to $1.17 for the same period in 2015 on YTD 2016 net income of $153.1 million compared to $122.2 million for the same period last year.
Federated's total managed assets were $364.3 billion at Sept. 30, 2016. Total managed assets were up $13.3 billion or 4 percent from $351.0 billion... More
