SEI Investments Co (SEIC) Tops Q2 EPS by 12c
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Price: $104.63 -0.09%
Financial Fact:
Software royalties and other information processing costs: 7.52M
Today's EPS Names:
WPRT, ITRG, ALM, More
Financial Fact:
Software royalties and other information processing costs: 7.52M
Today's EPS Names:
WPRT, ITRG, ALM, More
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SEI Investments Co (NASDAQ: SEIC) reported Q2 EPS of $0.47, $0.12 better than the analyst estimate of $0.35. Revenue for the quarter came in at $274.57 million versus the consensus estimate of $276.77 million.
"During the second quarter of 2013, the Company continued to make strides in the development and successful implementation of our business strategies across all of our units. Our financial results reflect continued improvement in overall asset flows, implementation of new clients, and a continuation of solid sales activity," said Alfred P. West, Jr., SEI Chairman and CEO.
"Despite our profit challenges in the Private Banks segment, we continue to be encouraged by our progress as we build and enhance our solutions for our markets. Our strong financial condition, the acceptance of our business solutions, and the overall size of our market opportunity bode well for our future. As always, we are committed to enhancing shareholder value over the long term."
For earnings history and earnings-related data on SEI Investments Co (SEIC) click here.
"During the second quarter of 2013, the Company continued to make strides in the development and successful implementation of our business strategies across all of our units. Our financial results reflect continued improvement in overall asset flows, implementation of new clients, and a continuation of solid sales activity," said Alfred P. West, Jr., SEI Chairman and CEO.
"Despite our profit challenges in the Private Banks segment, we continue to be encouraged by our progress as we build and enhance our solutions for our markets. Our strong financial condition, the acceptance of our business solutions, and the overall size of our market opportunity bode well for our future. As always, we are committed to enhancing shareholder value over the long term."
For earnings history and earnings-related data on SEI Investments Co (SEIC) click here.
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