SEI Investments (SEIC) Misses Q4 EPS by 1c, Slight Beat on Revenues
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EPS Growth %: -26.4%
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Stock-based compensation: 4.07M
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SEI Investments (NASDAQ: SEIC) reported Q4 EPS of $0.84, $0.01 worse than the analyst estimate of $0.85. Revenue for the quarter came in at $423.23 million versus the consensus estimate of $422.42 million.
"Our financial results for 2019 reflect steady success in growing our profits. While we continue to execute our long-term strategy, turning headwinds into tailwinds, we are leveraging all of our assets through our One SEI approach," said Alfred P. West, Jr., SEI Chairman and CEO.
"The wealth and investment industries are dynamic. We believe our unique position across financial technology, operations and investments provide growth opportunities that will lead to increased shareholder value. The investments we make and our success in 2019 situate us well for the future."
For earnings history and earnings-related data on SEI Investments (SEIC) click here.
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