Needham & Company Downgrades Manning & Napier (MN) to Hold

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Manning & Napier (MN) Reports In-Line Q1 EPS

April 29, 2015 5:24 PM EDT

Manning & Napier (NYSE: MN) reported Q1 EPS of $0.28, in-line with the analyst estimate of $0.28. Revenue for the quarter came in at $90.4 million versus the consensus estimate of $93.2 million.

Patrick Cunningham, Manning & Napier's Chief Executive Officer, commented, "Manning & Napier has remained consistent in its investment philosophy for nearly 45 years, but we continually challenge our... More