Federated Investors (FII) Tops Q2 EPS by 2c
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Federated Investors, Inc. Reports Second Quarter 2015 Earnings
July 23, 2015 4:01 PM EDTPITTSBURGH, July 23, 2015 /PRNewswire/ -- Federated Investors, Inc. (NYSE: FII), one of the nation's largest investment managers, today reported earnings per diluted share (EPS) of $0.40 for Q2 2015, up 14 percent from $0.35 for the same quarter last year on net income of $41.8 million for Q2 2015, compared to $36.9 million for Q2 2014. Federated reported YTD 2015 EPS of $0.74 compared to $0.69 for the same period in 2014 and YTD 2015 net income of $78.1 million compared to $72.1 million for the same period last year.
Federated's total managed assets were $349.7 billion at June 30, 2015. Total managed assets were down $1.9 billion or 1 percent from $351.6... More
