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Westwood Holdings Group, Inc. (WHG) Reports Q3 EPS of $1.11

October 24, 2018 4:30 PM

Westwood Holdings Group, Inc. (NYSE: WHG) reported Q3 EPS of $1.11, versus $0.00 reported last year. Revenue for the quarter came in at $29.9 million.

Brian Casey, Westwood’s President & CEO, commented, "Our U.S. Value products performed very well, with solid security selection driving outperformance, as high-quality companies were rewarded. We are especially proud of our LargeCap Value strategy, which outperformed its primary benchmark for the 7th straight quarter while earning top quartile peer rankings year-to-date as well as over the last one- and five-year time periods. Our Emerging Markets strategies also made good progress, with two strategies making the top decile and the other strategy reached the top quartile. As we’ve often stated, we believe that our clients want differentiated performance, which starts with being distinctively different from merely passive indexes. As we look at Westwood's near-term business opportunities, we'll be focusing on sales execution across our high conviction and outcome oriented investment strategies."

For earnings history and earnings-related data on Westwood Holdings Group, Inc. (WHG) click here.

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