Westwood Holdings Group, Inc. (WHG) Reports Q2 EPS of $1.80

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Westwood Holdings Group, Inc. Reports Second Quarter 2015 Results

July 29, 2015 4:05 PM EDT

Total Assets Under Management Increase to Record $23.1 Billion

DALLAS--(BUSINESS WIRE)-- Westwood Holdings Group, Inc. (NYSE: WHG) today reported second quarter 2015 revenues of $37.3 million, a $6.4 million, or 21%, increase compared to revenues of $30.9 million in the second quarter of 2014, with $2.7 million of the increase attributable to the Woodway acquisition. Second quarter 2015 net income increased 14% to $9.8 million compared to net income of $8.6 million for the same period of the prior year. Diluted earnings per share (Diluted EPS) was $1.23, 10% higher than Diluted EPS of $1.12 for the second quarter of 2014.

Second quarter 2015 non-GAAP Economic... More