Waddell & Reed Financial (WDR) Tops Q4 EPS by 1c

Waddell & Reed Financial (NYSE: WDR) reported Q4 EPS of $0.76, $0.01 better than the analyst estimate of $0.75. Revenue for the quarter came in at $390.4 million versus the consensus estimate of $350.27 million.

Assets under management ended the year at $104 billion; down 2% during the quarter as market appreciation partly offset the impact of net outflows. Compared to December 31, 2014, assets under management declined 16% due to a combination of net outflows and market erosion.

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

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