Waddell & Reed Financial, Inc. Reports First Quarter Results

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Waddell & Reed Financial (WDR) Misses Q1 EPS by 2c

April 28, 2015 8:10 AM EDT

Waddell & Reed Financial (NYSE: WDR) reported Q1 EPS of $0.80, $0.02 worse than the analyst estimate of $0.82. Revenue for the quarter came in at $385 million versus the consensus estimate of $381.24 million.

Assets under management ended the first quarter at $123 billion, down less than 1% sequentially as market... More